Illinois Tool Works Inc. (ITW) Dividend Yield, History & Forecast

Illinois Tool Works Inc. (ITW) is an Industrial - Machinery company in the Industrials sector listed on the New York Stock Exchange. It pays a current dividend yield of 2.26% ($6.44 per share annually (TTM)), with 38 years of consecutive dividend increases. The most recent ex-dividend date was June 30, 2026, with payment scheduled for July 10, 2026. The trailing twelve-month payout ratio is 57.7%; the market capitalization is approximately $81.42B.

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Frequently Asked Questions about Illinois Tool Works Inc. (ITW)

What is Illinois Tool Works Inc.'s dividend yield?
Illinois Tool Works Inc. (ITW) pays a current trailing twelve-month dividend yield of 2.26%, which works out to $6.44 per share annually based on the most recent payout schedule.
When does Illinois Tool Works Inc. pay its next dividend?
The most recent ex-dividend date was June 30, 2026. The next scheduled dividend payment date is July 10, 2026.
How many years has Illinois Tool Works Inc. increased its dividend?
Illinois Tool Works Inc. (ITW) has increased its dividend for 38 consecutive years, qualifying it as a Dividend Aristocrat (25+ years of consecutive increases for S&P 500 members).
Is Illinois Tool Works Inc. a Dividend Aristocrat?
Yes. Illinois Tool Works Inc. (ITW) is included in our curated Dividend Aristocrats list, meaning it is an S&P 500 member with 25 or more consecutive years of dividend increases.
Is Illinois Tool Works Inc. a Dividend King?
Yes. Illinois Tool Works Inc. (ITW) is included in our curated Dividend Kings list (50 or more consecutive years of dividend increases).
What sector is Illinois Tool Works Inc. in?
Illinois Tool Works Inc. (ITW) operates in the Industrials sector, specifically the Industrial - Machinery industry.
What is Illinois Tool Works Inc.'s dividend payout ratio?
Illinois Tool Works Inc. (ITW)'s trailing twelve-month dividend payout ratio is 57.7%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.