Dividend Details
Calculate ITW Dividend Income
Quick Facts
- Yield: 2.28%
- Frequency: Quarterly
- Sector: Industrials
- Streak: 60 years
About Illinois Tool Works
Illinois Tool Works is a Dividend Aristocrat with 60 consecutive years of dividend increases.
60 consecutive years of dividend increases, demonstrating a strong commitment to returning value to shareholders and growing income over time.
Frequently Asked Questions
What is ITW's dividend yield?
ITW currently yields 2.28% annually based on a share price of $252.30 and annual dividend of $5.75.
How often does ITW pay dividends?
ITW pays dividends quarterly, typically in March, June, September, and December.
Is ITW a good dividend stock?
With a 2.28% yield and quarterly payments, plus a 60-year dividend growth streak, ITW is popular among income investors. Always consider your personal goals and risk tolerance.
ITW Dividend Investing Guide
Illinois Tool Works (ITW) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a industrials sector stock, ITW offers exposure to industrial growth tied to infrastructure and manufacturing.
As a Dividend Aristocrat with 60 consecutive years of dividend increases, ITW has demonstrated exceptional commitment to shareholder returns through multiple economic cycles, recessions, and market downturns. This track record of dividend growth suggests strong management discipline and sustainable payout policies.
To maximize returns from ITW dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your ITW investment.