ITW Dividend History & Yield
Illinois Tool Works Inc. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Wed, Sep 30, 2026 (in 22 days) | Oct 9, 2026 | $1.61 | $161.00 | Declared |
| Wed, Dec 30, 2026 (in 113 days) | Jan 13, 2027 | $1.61 | $161.00 | Estimated |
| Wed, Mar 31, 2027 (in 204 days) | Apr 14, 2027 | $1.61 | $161.00 | Estimated |
| Wed, Jun 30, 2027 (in 295 days) | Jul 14, 2027 | $1.61 | $161.00 | Estimated |
Estimated dates and amounts are projected from ITW's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $6.44 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much ITW do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 187 | $50,081 | $1,200 |
| $500 / month | 932 | $250,407 | $6,000 |
| $1,000 / month | 1,864 | $500,814 | $12,000 |
Based on the forward yield of 2.40%. $10,000 in ITW would currently pay about $240 a year ($20 a month on average). Model reinvestment and growth →
ITW dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jun 30, 2026 | — | $1.61 | +0.0% |
| Mar 31, 2026 | — | $1.61 | +0.0% |
| Dec 31, 2025 | — | $1.61 | +0.0% |
| Sep 30, 2025 | — | $1.61 | +7.3% |
| Jun 30, 2025 | — | $1.50 | +0.0% |
| Mar 31, 2025 | — | $1.50 | +0.0% |
| Dec 31, 2024 | — | $1.50 | +0.0% |
| Sep 30, 2024 | — | $1.50 | +7.1% |
| Jun 28, 2024 | — | $1.40 | +0.0% |
| Mar 27, 2024 | — | $1.40 | +0.0% |
| Dec 28, 2023 | — | $1.40 | +0.0% |
| Sep 28, 2023 | — | $1.40 | +6.9% |
| Jun 29, 2023 | — | $1.31 | +0.0% |
| Mar 30, 2023 | — | $1.31 | +0.0% |
| Dec 29, 2022 | — | $1.31 | +0.0% |
| Sep 29, 2022 | — | $1.31 | +7.4% |
| Jun 29, 2022 | — | $1.22 | +0.0% |
| Mar 30, 2022 | — | $1.22 | +0.0% |
| Dec 30, 2021 | — | $1.22 | +0.0% |
| Sep 29, 2021 | — | $1.22 | +7.0% |
| Jun 29, 2021 | — | $1.14 | +0.0% |
| Mar 30, 2021 | — | $1.14 | +0.0% |
| Dec 30, 2020 | — | $1.14 | +0.0% |
| Sep 29, 2020 | — | $1.14 | +6.5% |
Payout risk check
ITW scores 0/100 on our yield-trap heuristic (low risk).
No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Illinois Tool Works Inc.
Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services.
Sector: Industrials. Industry: Specialty Industrial Machinery. First dividend on our records: Jan 30, 1987. 159 payments tracked.
ITW dividend FAQ
When is ITW's next ex-dividend date?
ITW's next ex-dividend date is Sep 30, 2026 (in 22 days, declared by the company). You must own the shares before that date to receive the payment of about $1.61 per share, expected on Oct 9, 2026.
How often does ITW pay dividends?
ITW pays dividends every quarter, 4 times a year. The most recent payment was $1.61 per share with an ex-date of Jun 30, 2026.
What is ITW's dividend yield?
ITW's trailing 12-month dividend yield is 2.40%, based on $6.44 per share paid over the last year and a share price of $268.77. The forward yield, using the indicated annual rate of $6.44 per share, is 2.40%.
How much does ITW pay per share?
ITW pays about $1.61 per share each quarter, which works out to roughly $6.44 per share a year. 100 shares would collect about $644.00 a year.
Has ITW grown or cut its dividend?
ITW has raised its annual dividend for 16 consecutive years. Over the last 5 years the regular payout has grown at 7.1% a year (+7.3% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of ITW do I need to earn $100 a month?
At the current forward yield of 2.40%, you would need about 187 shares of ITW (roughly $50,081 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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