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Illinois Tool Works Inc. (ITW) Dividend

Illinois Tool Works Inc. (ITW) pays a forward dividend of $6.44 per share per year — a dividend yield of about 2.43% at the current price of $265.10. Dividends are paid quarterly, and Illinois Tool Works Inc. has raised its dividend for roughly 30 consecutive years in our data. Below is ITW’s dividend history, yield, payout ratio and key stats — and you can backtest ITW in a portfolio for free.

Dividend yield
2.43%
Annual dividend
$6.44
per share
Frequency
Quarterly
Payout ratio
59%
5-yr div growth
7.1%/yr
Growth streak
30 yrs
Price
$265.10
Market cap
$76.3B
P/E ratio
25.2
Beta
1.01
Sector
Industrials
52-week range
$238.82 – $303.16
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Recent ITW dividend payments

PeriodDividend / share
Jun 2026$1.61
Mar 2026$1.61
Dec 2025$1.61
Sep 2025$1.61
Jun 2025$1.50
Mar 2025$1.50
Dec 2024$1.50
Sep 2024$1.50

Recent ex-dividend or payment periods from our data. Market data via Yahoo Finance, delayed ~24 hours.

About ITW’s dividend

Illinois Tool Works Inc.’s 2.43% yield is higher than the S&P 500’s roughly 1.3% yield. A dividend-growth streak of about 30 years places it among longer-term dividend growers. A payout ratio near 59% indicates the share of earnings paid out as dividends. These are factual figures, not a recommendation — use them alongside your own research.

ITW dividend FAQ

Does ITW pay a dividend?

Yes. Illinois Tool Works Inc. (ITW) pays a dividend of $6.44 per share per year, distributed quarterly.

What is ITW’s dividend yield?

Illinois Tool Works Inc.’s dividend yield is about 2.43%, based on a $6.44 annual dividend and a share price of $265.10.

How often does ITW pay dividends?

ITW pays dividends quarterly.

Has ITW increased its dividend?

Yes — Illinois Tool Works Inc. has raised its dividend for about 30 consecutive years in our data.

What is ITW’s payout ratio?

ITW’s payout ratio is approximately 59%.

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Not financial advice. Portfolio Calculate is an educational tool. This page shows factual market data (via Yahoo Finance, delayed ~24 hours and provided “as is”) and is not investment, tax, or legal advice or a recommendation to buy or sell ITW. Past performance does not guarantee future results. Consult a licensed professional before investing.