Illinois Tool Works Inc Stock Dividends
Illinois Tool Works Inc Stock Dividends Overview
ITW pays dividends quarterly. Last paid amount was $1.40 at Apr 11, 2024. As of today, dividend yield (TTM) is 2.89%.
Dividend Yield Range
AI Analysis of ITW
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.89% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.40 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jul 11, 2024 |
ITW Dividend Payout History
To ensure a understanding of ITW's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 11, 2024 | $1.40 | 0.594% |
| 2 | Feb 09, 2024 | Mar 27, 2024 | Apr 11, 2024 | $1.40 | 0.543% |
| 3 | Oct 26, 2023 | Dec 28, 2023 | Jan 11, 2024 | $1.40 | 0.551% |
| 4 | Aug 04, 2023 | Sep 29, 2023 | Oct 12, 2023 | $1.40 | 0.599% |
| 5 | Aug 04, 2023 | Sep 28, 2023 | Oct 12, 2023 | $1.40 | 0.599% |
| 6 | May 05, 2023 | Jun 29, 2023 | Jul 13, 2023 | $1.31 | 0.526% |
| 7 | Feb 10, 2023 | Mar 30, 2023 | Apr 13, 2023 | $1.31 | 0.567% |
| 8 | Oct 28, 2022 | Dec 29, 2022 | Jan 12, 2023 | $1.31 | 0.564% |
| 9 | Aug 05, 2022 | Sep 29, 2022 | Oct 14, 2022 | $1.31 | 0.704% |
| 10 | May 06, 2022 | Jun 29, 2022 | Jul 14, 2022 | $1.22 | 0.693% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
ITW Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ITW dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ITW stock here.
Comparing ITW to Sector and Country
ITW pays a solid dividend yield of 2.89%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.599%). ITW’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.82%), which means that there are more attractive dividend stocks to consider.
ITW Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Lockheed Martin | 111.917B | $3.15 | 3.48% | 45.04% | |
| Illinois Tool Works Inc | 69.65B | $1.40 | 2.88% | 53.36% |
