# Illinois Tool Works Inc. (ITW): Dividend & Fundamentals

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- Sector: Industrials · Industry: Industrial - Machinery
- Exchange: NYSE · Trading currency: USD

Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial...

## Quote & Key Metrics

As of 2026-10-23:

| Metric | Value |
|---|---|
| Price | $275.75 USD |
| Market Cap | $78.53B |
| P/E (TTM) | 25.00 |
| EPS (TTM) | $11.03 |
| 52-Week Range | $238.82 – $303.16 |
| Dividend Yield (TTM) | 2.38% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 2.38% |
| Annual Dividend (TTM) | $6.55 /share |
| Annual Dividend (Forward) | $6.88 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 63 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 6.8% / 7.1% / 7.1% / 10.2% |
| Payout Ratio (EPS, TTM) | 58.4% |
| Payout Ratio (FCF, TTM) | 63.1% |
| Payout Ratio (EPS, forward dividend) | 62.4% |
| Payout Ratio (FCF, forward dividend) | 67.5% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-09-30 | $1.7200 | 2026-10-09 |
| 2026-06-30 | $1.6100 | 2026-07-10 |
| 2026-03-31 | $1.6100 | 2026-04-09 |
| 2025-12-31 | $1.6100 | 2026-01-09 |
| 2025-09-30 | $1.6100 | 2025-10-10 |
| 2025-06-30 | $1.5000 | 2025-07-11 |
| 2025-03-31 | $1.5000 | 2025-04-10 |
| 2024-12-31 | $1.5000 | 2025-01-10 |
| 2024-09-30 | $1.5000 | 2024-10-11 |
| 2024-06-28 | $1.4000 | 2024-07-11 |
| 2024-03-27 | $1.4000 | 2024-04-11 |
| 2023-12-28 | $1.4000 | 2024-01-11 |

Full history: https://www.dividenddata.com/stocks/itw/dividend

## Frequently Asked Questions

### What does Illinois Tool Works Inc. do?

Illinois Tool Works Inc. (ITW) operates in the Industrial - Machinery industry within the Industrials sector. Full company description, peers, and segment breakdown are on the page above.

### What is ITW's market cap?

Illinois Tool Works Inc. (ITW) has a market capitalization of approximately $78.53 billion, as of October 23, 2026, based on the most recent share price and shares outstanding.

### Does ITW pay a dividend?

Yes, Illinois Tool Works Inc. (ITW) pays a dividend quarterly, with a trailing-twelve-month yield of 2.38%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does ITW pay dividends?

Illinois Tool Works Inc. pays dividends quarterly. The forward annual rate is $6.88 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is ITW's payout ratio?

Illinois Tool Works Inc.'s payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

### Is ITW a Dividend Aristocrat?

Yes, Illinois Tool Works Inc. (ITW) is an S&P 500 Dividend Aristocrat, meaning it has raised its dividend for at least 25 consecutive years. Its full dividend history and growth rates are on this page.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/itw
- Dividend history & safety: https://www.dividenddata.com/stocks/itw/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/itw/earnings
- Financial statements: https://www.dividenddata.com/stocks/itw/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/itw/valuation
- Peer comparison: https://www.dividenddata.com/stocks/itw/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.