Illinois Tool Works Inc.
ITW38 yrs growthIndustrials · Stock · quarterly payer
$251.12
Add to PortfolioForward Yield
2.56%
Annual Dividend
$6.44
Payout Ratio
59%
5-Yr Growth
7.1%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
ITW Dividend Safety Score
87/ 100
Grade A
Very Safe
Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage59% of earnings paid out
Free-cash-flow coverage84% of free cash flow
Balance-sheet strengthDebt/equity of 2.83
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ITW a good dividend stock?
YesIllinois Tool Works Inc. (ITW) pays a quarterly dividend yielding 2.56% ($6.44/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (59%)
- Strong 7.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.56%
- Payout Ratio
- 59%
- Annual Dividend
- $6.44
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 1.03
- Market Cap
- $72.2B
- P/E Ratio
- 23.3
- 5-Yr Total Return
- 13%
- 52-Week Range
- $238.82 – $303.16
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $1.6100 | regular |
| Dec 31, 2025 | — | $1.6100 | regular |
| Sep 30, 2025 | — | $1.6100 | regular |
| Jun 30, 2025 | — | $1.5000 | regular |
| Mar 31, 2025 | — | $1.5000 | regular |
| Dec 31, 2024 | — | $1.5000 | regular |
| Sep 30, 2024 | — | $1.5000 | regular |
| Jun 28, 2024 | — | $1.4000 | regular |
| Mar 27, 2024 | — | $1.4000 | regular |
| Dec 28, 2023 | — | $1.4000 | regular |
| Sep 28, 2023 | — | $1.4000 | regular |
| Jun 29, 2023 | — | $1.3100 | regular |
| Mar 30, 2023 | — | $1.3100 | regular |
| Dec 29, 2022 | — | $1.3100 | regular |
Income Calculator
At $6.44 / yr per share
Per payment (quarterly)$161.00
Annual$644.00
Monthly avg$53.67
