Illinois Tool Works Dividend History
NYSE: ITWIndustrialsSpecialty Industrial MachineryUSD
261.15-5.99 (-2.24%)
At close: Oct 7, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 2.47%
- Annual dividend
- $6.44
- Frequency
- Quarterly
- Ex-dividend date
- Sep 30, 2026
- Payment date
- —
- Payout ratio
- 59%
Illinois Tool Works dividend summary
Illinois Tool Works pays a quarterly dividend of $1.72 per share ($6.88 annualized), a 2.63% yield at the current price. It has raised its annual dividend for 30 consecutive years, which would qualify it as a Dividend Aristocrat if it is an S&P 500 member. Over the past five full years, annual dividends per share have grown at a 7.1% compound annual rate.
The payout ratio is 59% of trailing earnings per share. ITW has 160 recorded dividend payments since 1987, totaling $6.55 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
ITW dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 30, 2026 | $1.72 | +6.8% | — |
| Jun 30, 2026 | $1.61 | — | — |
| Mar 31, 2026 | $1.61 | — | — |
| Dec 31, 2025 | $1.61 | — | — |
| Sep 30, 2025 | $1.61 | +7.3% | — |
| Jun 30, 2025 | $1.50 | — | — |
| Mar 31, 2025 | $1.50 | — | — |
| Dec 31, 2024 | $1.50 | — | — |
| Sep 30, 2024 | $1.50 | +7.1% | — |
| Jun 28, 2024 | $1.40 | — | — |
| Mar 27, 2024 | $1.40 | — | — |
| Dec 28, 2023 | $1.40 | — | — |
| Sep 28, 2023 | $1.40 | +6.9% | — |
| Jun 29, 2023 | $1.31 | — | — |
| Mar 30, 2023 | $1.31 | — | — |
| Dec 29, 2022 | $1.31 | — | — |
| Sep 29, 2022 | $1.31 | +7.4% | — |
| Jun 29, 2022 | $1.22 | — | — |
| Mar 30, 2022 | $1.22 | — | — |
| Dec 30, 2021 | $1.22 | — | — |
| Sep 29, 2021 | $1.22 | +7.0% | — |
| Jun 29, 2021 | $1.14 | — | — |
| Mar 30, 2021 | $1.14 | — | — |
| Dec 30, 2020 | $1.14 | — | — |
| Sep 29, 2020 | $1.14 | +6.5% | — |
| Jun 29, 2020 | $1.07 | — | — |
| Mar 30, 2020 | $1.07 | — | — |
| Dec 30, 2019 | $1.07 | — | — |
| Sep 27, 2019 | $1.07 | +7.0% | — |
| Jun 27, 2019 | $1.00 | — | — |
| Mar 28, 2019 | $1.00 | — | — |
| Dec 28, 2018 | $1.00 | — | — |
| Sep 27, 2018 | $1.00 | +28.2% | — |
| Jun 28, 2018 | $0.78 | — | — |
| Mar 28, 2018 | $0.78 | — | — |
| Dec 28, 2017 | $0.78 | — | — |
| Sep 28, 2017 | $0.78 | +20.0% | — |
| Jun 28, 2017 | $0.65 | — | — |
| Mar 29, 2017 | $0.65 | — | — |
| Dec 28, 2016 | $0.65 | — | — |
| Sep 28, 2016 | $0.65 | +18.2% | — |
| Jun 28, 2016 | $0.55 | — | — |
| Mar 29, 2016 | $0.55 | — | — |
| Dec 29, 2015 | $0.55 | — | — |
| Sep 28, 2015 | $0.55 | +13.4% | — |
| Jun 26, 2015 | $0.485 | — | — |
| Mar 27, 2015 | $0.485 | — | — |
| Dec 29, 2014 | $0.485 | — | — |
| Sep 26, 2014 | $0.485 | +15.5% | — |
| Jun 26, 2014 | $0.42 | — | — |
| Mar 27, 2014 | $0.42 | — | — |
| Dec 27, 2013 | $0.42 | — | — |
| Sep 26, 2013 | $0.42 | +10.5% | — |
| Jun 26, 2013 | $0.38 | — | — |
| Mar 26, 2013 | $0.38 | — | — |
| Dec 14, 2012 | $0.38 | — | — |
| Sep 26, 2012 | $0.38 | +5.6% | — |
| Jun 27, 2012 | $0.36 | — | — |
| Mar 28, 2012 | $0.36 | — | — |
| Dec 28, 2011 | $0.36 | — | — |
| Sep 28, 2011 | $0.36 | +5.9% | — |
| Jun 28, 2011 | $0.34 | — | — |
| Mar 29, 2011 | $0.34 | — | — |
| Dec 29, 2010 | $0.34 | — | — |
| Sep 28, 2010 | $0.34 | +9.7% | — |
| Jun 28, 2010 | $0.31 | — | — |
| Mar 29, 2010 | $0.31 | — | — |
| Dec 29, 2009 | $0.31 | — | — |
| Sep 28, 2009 | $0.31 | — | — |
| Jun 26, 2009 | $0.31 | — | — |
| Mar 27, 2009 | $0.31 | — | — |
| Dec 29, 2008 | $0.31 | — | — |
| Sep 26, 2008 | $0.31 | +10.7% | — |
| Jun 26, 2008 | $0.28 | — | — |
| Mar 27, 2008 | $0.28 | — | — |
| Dec 27, 2007 | $0.28 | — | — |
| Sep 26, 2007 | $0.28 | +33.3% | — |
| Jun 27, 2007 | $0.21 | — | — |
| Mar 28, 2007 | $0.21 | — | — |
| Dec 27, 2006 | $0.21 | — | — |
| Sep 27, 2006 | $0.21 | -36.4% | — |
| Jun 28, 2006 | $0.33 | +100.0% | — |
| Mar 29, 2006 | $0.165 | — | — |
| Dec 28, 2005 | $0.165 | — | — |
| Sep 28, 2005 | $0.165 | +17.9% | — |
| Jun 28, 2005 | $0.14 | — | — |
| Mar 29, 2005 | $0.14 | — | — |
| Dec 29, 2004 | $0.14 | — | — |
| Sep 28, 2004 | $0.14 | +16.7% | — |
| Jun 28, 2004 | $0.12 | — | — |
| Mar 29, 2004 | $0.12 | — | — |
| Dec 29, 2003 | $0.12 | — | — |
| Sep 26, 2003 | $0.12 | +4.3% | — |
| Jun 26, 2003 | $0.115 | — | — |
| Mar 27, 2003 | $0.115 | +4.5% | — |
| Dec 27, 2002 | $0.11 | -4.3% | — |
| Sep 26, 2002 | $0.115 | +4.5% | — |
| Jun 26, 2002 | $0.11 | — | — |
| Mar 26, 2002 | $0.11 | — | — |
| Dec 27, 2001 | $0.11 | — | — |
| Sep 26, 2001 | $0.11 | +10.0% | — |
| Jun 27, 2001 | $0.10 | — | — |
| Mar 28, 2001 | $0.10 | — | — |
| Dec 27, 2000 | $0.10 | — | — |
| Sep 27, 2000 | $0.10 | +11.1% | — |
| Jun 28, 2000 | $0.09 | — | — |
| Mar 29, 2000 | $0.09 | — | — |
| Dec 29, 1999 | $0.09 | — | — |
| Sep 28, 1999 | $0.09 | +20.0% | — |
| Jun 28, 1999 | $0.075 | — | — |
| Mar 29, 1999 | $0.075 | — | — |
| Dec 29, 1998 | $0.075 | — | — |
| Sep 28, 1998 | $0.075 | +25.0% | — |
| Jun 17, 1998 | $0.06 | — | — |
| Mar 27, 1998 | $0.06 | — | — |
| Dec 29, 1997 | $0.06 | — | — |
| Sep 26, 1997 | $0.06 | — | — |
| Jun 26, 1997 | $0.06 | +26.3% | — |
| Mar 26, 1997 | $0.0475 | — | — |
| Dec 27, 1996 | $0.0475 | — | — |
| Sep 26, 1996 | $0.0475 | +11.8% | — |
| Jun 26, 1996 | $0.0425 | — | — |
| Mar 27, 1996 | $0.0425 | — | — |
| Dec 27, 1995 | $0.0425 | — | — |
| Sep 27, 1995 | $0.0425 | +13.3% | — |
| Jun 28, 1995 | $0.0375 | — | — |
| Mar 27, 1995 | $0.0375 | — | — |
| Dec 23, 1994 | $0.0375 | — | — |
| Sep 26, 1994 | $0.0375 | +15.4% | — |
| Aug 1, 1994 | $0.0325 | — | — |
| May 2, 1994 | $0.0325 | — | — |
| Jan 31, 1994 | $0.0325 | — | — |
| Nov 1, 1993 | $0.0325 | +8.3% | — |
| Aug 2, 1993 | $0.03 | — | — |
| May 3, 1993 | $0.03 | — | — |
| Feb 1, 1993 | $0.03 | — | — |
| Nov 2, 1992 | $0.03 | +9.1% | — |
| Aug 3, 1992 | $0.0275 | — | — |
| May 4, 1992 | $0.0275 | — | — |
| Feb 3, 1992 | $0.0275 | — | — |
| Nov 1, 1991 | $0.0275 | — | — |
| Aug 12, 1991 | $0.0275 | +22.2% | — |
| May 2, 1991 | $0.0225 | — | — |
| Jan 29, 1991 | $0.0225 | — | — |
| Nov 1, 1990 | $0.0225 | — | — |
| Aug 3, 1990 | $0.0225 | +20.0% | — |
| May 3, 1990 | $0.0188 | — | — |
| Jan 30, 1990 | $0.0188 | — | — |
| Oct 31, 1989 | $0.0188 | — | — |
| Aug 1, 1989 | $0.0188 | +25.0% | — |
| May 2, 1989 | $0.015 | — | — |
| Jan 30, 1989 | $0.015 | — | — |
| Oct 28, 1988 | $0.015 | — | — |
| Jul 29, 1988 | $0.015 | +20.0% | — |
| Apr 29, 1988 | $0.0125 | — | — |
| Jan 29, 1988 | $0.0125 | — | — |
| Oct 30, 1987 | $0.0125 | — | — |
| Jul 31, 1987 | $0.0125 | +100.0% | — |
| May 1, 1987 | $0.0063 | -44.4% | — |
| Jan 30, 1987 | $0.0113 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $4.94 | 3 | -20.6% |
| 2025 | $6.22 | 4 | +7.2% |
| 2024 | $5.80 | 4 | +7.0% |
| 2023 | $5.42 | 4 | +7.1% |
| 2022 | $5.06 | 4 | +7.2% |
| 2021 | $4.72 | 4 | +6.8% |
| 2020 | $4.42 | 4 | +6.8% |
| 2019 | $4.14 | 4 | +16.3% |
| 2018 | $3.56 | 4 | +24.5% |
| 2017 | $2.86 | 4 | +19.2% |
| 2016 | $2.40 | 4 | +15.9% |
| 2015 | $2.07 | 4 | +14.4% |
| 2014 | $1.81 | 4 | +13.1% |
| 2013 | $1.60 | 4 | +8.1% |
| 2012 | $1.48 | 4 | +5.7% |
ITW stock splits
| Date | Ratio | Type |
|---|---|---|
| May 26, 2006 | 2-for-1 | Forward split |
| May 28, 1997 | 2-for-1 | Forward split |
| Jun 21, 1993 | 2-for-1 | Forward split |
| May 27, 1987 | 2-for-1 | Forward split |
| May 23, 1984 | 2-for-1 | Forward split |