Illinois Tool Works Dividends and Buybacks
Dividend criteria checks 5/6
Illinois Tool Works is a dividend paying company with a current yield of 2.32% that is well covered by earnings. Next payment date is on 10th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
2.3%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 0.7% |
| Next dividend pay date | 10 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$6.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
A Look At The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW)
Dec 12
If EPS Growth Is Important To You, Illinois Tool Works (NYSE:ITW) Presents An Opportunity
Nov 29Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside
Nov 27Illinois Tool Works: Stagnant Growth May Hinder This Stock
Nov 11Illinois Tool Works Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 02Illinois Tool Works (NYSE:ITW) Has A Pretty Healthy Balance Sheet
Oct 31Some Confidence Is Lacking In Illinois Tool Works Inc.'s (NYSE:ITW) P/E
Oct 16Illinois Tool Works (NYSE:ITW) Could Become A Multi-Bagger
Oct 01What Is Illinois Tool Works Inc.'s (NYSE:ITW) Share Price Doing?
Sep 15Illinois Tool Works: Maintaining Returns In A Transition Period
Sep 09Estimating The Fair Value Of Illinois Tool Works Inc. (NYSE:ITW)
Aug 31Illinois Tool Works: Expect Sequential Improvements In Q2, But Stock Still Looks Pricey
Jul 24Illinois Tool Works: Valuation Suggests More Pain To Come
Jul 16Earnings Not Telling The Story For Illinois Tool Works Inc. (NYSE:ITW)
Jul 12Is Illinois Tool Works (NYSE:ITW) A Risky Investment?
Jun 21Is It Time To Consider Buying Illinois Tool Works Inc. (NYSE:ITW)?
Jun 06We Like Illinois Tool Works' (NYSE:ITW) Returns And Here's How They're Trending
May 21Illinois Tool Works: Attractively Valued With Good Growth Prospects
May 17Illinois Tool Works Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 03Calculating The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW)
Apr 08Illinois Tool Works: Underwhelming Growth Prospects Clash With Strong Financials
Mar 26At US$260, Is It Time To Put Illinois Tool Works Inc. (NYSE:ITW) On Your Watch List?
Mar 04Does Illinois Tool Works (NYSE:ITW) Have A Healthy Balance Sheet?
Feb 17Illinois Tool Works: Coasting Well, But Tighten Your Seat Belts
Jan 08There's Reason For Concern Over Illinois Tool Works Inc.'s (NYSE:ITW) Price
Jan 08Should You Be Adding Illinois Tool Works (NYSE:ITW) To Your Watchlist Today?
Dec 25Illinois Tool Works Is A Fascinating Dividend King
Oct 29Illinois Tool Works: Good Growth Prospects And A Reasonable Valuation
Sep 17Illinois Tool Works: Quality Business Model, But Limited Upside Potential
Jul 12Illinois Tools Works: Right Time To Have This High Margin Company In Your Portfolio
Jun 23Illinois Tool Works: A Dividend King Near All-Time Highs
Jun 09Illinois Tool Works Inc. declares $1.31 dividend
Feb 10Illinois Tool Works Non-GAAP EPS of $2.34 misses by $0.19, revenue of $3.97B beats by $70M, initiates FY earning outlook above consensus
Feb 02Illinois Tool Works: A Dividend King To Buy At The Right Price
Jan 27Illinois Tool Works: A Dividend King Worth Buying
Jan 20Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ITW) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (ITW) (up to 3 years) | 2.4% |
Notable Dividend: ITW's dividend (2.32%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: ITW's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), ITW's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), ITW's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Illinois Tool Works Inc. is covered by 43 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Richard Radbourne | Atlantic Equities LLP |
| Mircea Dobre | Baird |