ITW| Illinois Tool Works
Dividend King (55 yrs)Industrials•Industrial Machinery & Supplies & Components•USD Currency
Illinois Tool Works (ITW) pays an annualized forward dividend of $6.88 per share in USD, representing a forward yield of 2.51%.
With a dividend payout ratio of 58.3%.
Dividend King Status: With 55 consecutive years of dividend increases, ITW belongs to the elite tier of global income growth stocks.
Historical Dividend Payouts(ITW)
Recent cash distributions, declared payout dates, and distribution track record.
Detailed distribution payments are updated regularly. Illinois Tool Works distributes an annualized rate of $6.88 per share on a quarterly schedule.
Dividend Reinvestment (DRIP) Calculator
Simulate compound dividend reinvestment returns with ITW.
| Year | Balance | Annual Dividend | Monthly Cash Flow |
|---|---|---|---|
| Year 5 | $32,171 | +$854 | +$71/mo |
| Year 10 | $66,961 | +$2,481 | +$207/mo |
| Year 15 | $126,592 | +$6,332 | +$528/mo |
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Frequently Asked Questions about Illinois Tool Works (ITW)
How many consecutive years has Illinois Tool Works (ITW) increased its dividend?
Illinois Tool Works (ITW) has increased its annual dividend payout for 55 consecutive years, placing it in the Dividend King tier.
What is Illinois Tool Works's current dividend yield and payout?
As of recent market updates, Illinois Tool Works offers a forward dividend yield of 2.51% with an estimated annual payout of $6.88 per share in USD.
What is Illinois Tool Works's dividend payout ratio and is it sustainable?
Illinois Tool Works has an estimated dividend payout ratio of 58.3%. A payout ratio below 60% indicates a strong safety buffer, leaving ample room for continued reinvestment and future dividend growth.
When is the next or most recent ex-dividend date for ITW?
The recorded ex-dividend date for Illinois Tool Works (ITW) is 2026-09-30. Investors must purchase or hold shares before this date to receive the upcoming distribution.
Is Illinois Tool Works (ITW) a Dividend Aristocrat or King?
Yes, Illinois Tool Works is a Dividend King with 55 years of continuous annual dividend increases.
How does dividend reinvestment (DRIP) work for ITW?
A Dividend Reinvestment Plan (DRIP) allows you to automatically reinvest cash dividends from Illinois Tool Works into additional shares or fractional shares, compounding your investment value over time.