Illinois Tool Works Inc.

NYSE:ITW Stock Report

Market Cap: US$78.3b

Illinois Tool Works Dividends and Buybacks

Dividend criteria checks 5/6

Illinois Tool Works is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 9th April, 2026 with an ex-dividend date of 31st March, 2026.

Key information

2.4%

Dividend yield

1.8%

Buyback Yield

Total Shareholder Yield4.3%
Future Dividend Yield3.4%
Dividend Growth10.2%
Next dividend pay date09 Apr 26
Ex dividend date31 Mar 26
Dividend per sharen/a
Payout ratio59%

Recent dividend and buyback updates

Recent updates

Illinois Tool Works: Cyclical Recovery And Structural Growth Improvements Should Drive Upside

Feb 13

Here's Why We Think Illinois Tool Works (NYSE:ITW) Is Well Worth Watching

Sep 21
Here's Why We Think Illinois Tool Works (NYSE:ITW) Is Well Worth Watching

Illinois Tool Works (NYSE:ITW) Is Increasing Its Dividend To $1.61

Aug 07
Illinois Tool Works (NYSE:ITW) Is Increasing Its Dividend To $1.61

We Think Illinois Tool Works (NYSE:ITW) Might Have The DNA Of A Multi-Bagger

Jul 22
We Think Illinois Tool Works (NYSE:ITW) Might Have The DNA Of A Multi-Bagger

Does Illinois Tool Works (NYSE:ITW) Deserve A Spot On Your Watchlist?

Jun 22
Does Illinois Tool Works (NYSE:ITW) Deserve A Spot On Your Watchlist?

At US$252, Is Illinois Tool Works Inc. (NYSE:ITW) Worth Looking At Closely?

May 20
At US$252, Is Illinois Tool Works Inc. (NYSE:ITW) Worth Looking At Closely?

We Think Illinois Tool Works (NYSE:ITW) Might Have The DNA Of A Multi-Bagger

Apr 23
We Think Illinois Tool Works (NYSE:ITW) Might Have The DNA Of A Multi-Bagger

Illinois Tool Works Q1 Preview: No Growth For 2025, Which Could Get Worse

Apr 22

A Look At The Fair Value Of Illinois Tool Works Inc. (NYSE:ITW)

Apr 09
A Look At The Fair Value Of Illinois Tool Works Inc. (NYSE:ITW)

Does Illinois Tool Works (NYSE:ITW) Deserve A Spot On Your Watchlist?

Mar 17
Does Illinois Tool Works (NYSE:ITW) Deserve A Spot On Your Watchlist?

Illinois Tool Works: Good Balance Between Growth And Value

Feb 09

Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside

Nov 27

Illinois Tool Works: Stagnant Growth May Hinder This Stock

Nov 11
User avatar

Elevating Growth And Profitability Amidst Operational Challenges

New product launches in segments like Food Equipment are expected to drive organic growth and positively impact revenue.

Illinois Tool Works: Maintaining Returns In A Transition Period

Sep 09

Illinois Tool Works: Expect Sequential Improvements In Q2, But Stock Still Looks Pricey

Jul 24

Illinois Tool Works: Valuation Suggests More Pain To Come

Jul 16

Illinois Tool Works: Attractively Valued With Good Growth Prospects

May 17

Illinois Tool Works: Underwhelming Growth Prospects Clash With Strong Financials

Mar 26

Upcoming Dividend Payment

TodayMar 13 2026Ex Dividend DateMar 31 2026Dividend Pay DateApr 09 20269 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

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
How does ITW dividend yield compare to the market?
SegmentDividend Yield
Company (ITW)2.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.4%
Industry Average (Machinery)1.2%
Analyst forecast (ITW) (up to 3 years)3.4%

Notable Dividend: ITW's dividend (2.42%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: ITW's dividend (2.42%) is low compared to the top 25% of dividend payers in the US market (4.34%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (59.1%), ITW's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), ITW's dividend payments are covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/12 11:53
End of Day Share Price 2026/03/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Illinois Tool Works Inc. is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Mircea DobreBaird
Meredith TaylorBarclays