Illinois Tool Works Dividend
Dividend criteria checks 5/6
Illinois Tool Works is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
55%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €9.90 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ITW's dividends per share have been stable in the past 10 years.
Growing Dividend: ITW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Illinois Tool Works Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ITW) | 2.3% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.9% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (ITW) | 2.5% |
Notable Dividend: ITW's dividend (2.26%) is higher than the bottom 25% of dividend payers in the Austrian market (1.93%).
High Dividend: ITW's dividend (2.26%) is low compared to the top 25% of dividend payers in the Austrian market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), ITW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), ITW's dividend payments are covered by cash flows.