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ITW (Illinois Tool Works) Dividend Yield % : 2.09% (As of Dec. 14, 2024)


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What is Illinois Tool Works Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Illinois Tool Works is 2.09%.

Warning Sign:

Illinois Tool Works Inc stock dividend yield is close to 5-year low.

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

ITW' s Dividend Yield % Range Over the Past 10 Years
Min: 1.6   Med: 2.16   Max: 3.29
Current: 2.09

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 2.16%.

ITW's Dividend Yield % is ranked better than
59.76% of 1946 companies
in the Industrial Products industry
Industry Median: 1.67 vs ITW: 2.09

Illinois Tool Works's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.57.

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 (2024-12-14), the Forward Dividend Yield % of Illinois Tool Works is 2.20%.

Illinois Tool Works's Dividends per Share for the three months ended in Sep. 2024 was $1.50.

During the past 12 months, Illinois Tool Works's average Dividends Per Share Growth Rate was 6.90% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


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 Dividend Yield % Chart

Illinois Tool Works Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.17 1.91 2.30 2.07

Illinois Tool Works Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial 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 2.31 2.07 2.05 2.36 2.17

Competitive Comparison of Illinois Tool Works's Dividend Yield %

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's Dividend Yield % Distribution in the Industrial Products Industry

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
USD 1.5000002024-09-302024-09-302024-10-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.4000002024-06-282024-06-282024-07-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.4000002024-03-272024-03-292024-04-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.4000002023-12-282023-12-292024-01-11Cash DividendquarterlyUSD:USD 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
=5.7/272.11
=2.09 %

Current Share Price is $272.11.
Illinois Tool Works's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.7.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6/272.11
=2.20 %

Current Share Price is $272.11.
Illinois Tool Works's Dividends per Share for the forward twelve months is calculated as $1.5 * 4 = $6.

* 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  (NYSE:ITW) 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

Thank you for viewing the detailed overview of Illinois Tool Works's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Illinois Tool Works Business Description

Address
155 Harlem Avenue, Glenview, IL, USA, 60025
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
Executives
Mary Katherine Lawler officer: SVP & Chief HR Officer ILLINOIS TOOL WORKS INC., 155 HARLEM AVE, GLENVIEW IL 60025
Smith David Byron Jr director 155 HARLEM AVE., GLENVIEW IL 60025
Michael M Larsen officer: SVP & CFO ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Randall J Scheuneman officer: VP & Chief Accounting Officer 155 HARLEM AVE., GLENVIEW IL 60025
Sharon Szafranski officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Ernest Scott Santi director, officer: President & CEO ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Christopher A O'herlihy officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Lei Zhang Schlitz officer: Executive Vice President 5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Patricia A. Hartzell officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Javier Gracia Carbonell officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Jay L Henderson director 50 SOUTH LASALLE ST, CHICAGO IL 60603
Jennifer Kaplan Schott officer: SVP, General Counsel & Secy. 155 HARLEM AVE., GLENVIEW IL 60025
Darrell L Ford director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Finch Norman D. Jr. officer: Sr. VP, General Counsel & Secy C/O ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025