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Illinois Tool Works (BSP:I1TW34) Dividend Yield %

: 1.63% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Illinois Tool Works is 1.63%.

Warning Sign:

Illinois Tool Works Inc stock dividend yield is close to 2-year low.

The historical rank and industry rank for Illinois Tool Works's Dividend Yield % or its related term are showing as below:

BSP:I1TW34' s Dividend Yield % Range Over the Past 10 Years
Min: 1.6   Med: 2.1   Max: 3.29
Current: 1.63

During the past 13 years, the highest Dividend Yield of Illinois Tool Works was 3.29%. The lowest was 1.60%. And the median was 2.10%.

BSP:I1TW34's Dividend Yield % is ranked better than
57.99% of 1852 companies
in the Industrial Products industry
Industry Median: 1.885 vs BSP:I1TW34: 1.63

Illinois Tool Works's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.41.

During the past 13 years, the highest Dividend Payout Ratio of Illinois Tool Works was 0.67. The lowest was 0.39. And the median was 0.54.

As of today (2024-04-18), the Forward Dividend Yield % of Illinois Tool Works is 1.56%.

Illinois Tool Works's Dividends per Share for the three months ended in Dec. 2023 was R$1.20.

During the past 12 months, Illinois Tool Works's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Illinois Tool Works was 24.60% per year. The lowest was 5.90% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Illinois Tool Works Dividend Yield % Historical Data

The historical data trend for Illinois Tool Works's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Illinois Tool Works Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.59 1.84 2.26 1.78

Illinois Tool Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 2.29 2.24 2.15 1.78

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Illinois Tool Works's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Illinois Tool Works Dividend Yield % Distribution

For the Industrial Products industry and Industrials sector, Illinois Tool Works's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Illinois Tool Works's Dividend Yield % falls into.



Illinois Tool Works Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Illinois Tool Works Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 1.2582024-03-272024-03-262024-04-17Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.1892023-12-282023-12-272024-01-17Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.2402023-09-282023-09-272023-10-18Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.5702023-06-292023-06-282023-07-19Cash DividendquarterlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Illinois Tool Works's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.257/323.20
=1.63 %

Current Share Price is R$323.20.
Illinois Tool Works's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$5.257.

Illinois Tool Works's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.032/323.20
=1.56 %

Current Share Price is R$323.20.
Illinois Tool Works's Dividends per Share for the forward twelve months is calculated as R$1.258 * 4 = R$5.032.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Illinois Tool Works  (BSP:I1TW34) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Illinois Tool Works Dividend Yield % Related Terms

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Illinois Tool Works (BSP:I1TW34) Business Description

Traded in Other Exchanges
Address
155 Harlem Avenue, Glenview, IL, USA, 60025
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.

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