Does Illinois Tool Works Pay Dividends?
Illinois Tool Works Inc. · ITW · updated
Key facts: Illinois Tool Works dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Illinois Tool Works (ITW) pays a dividend of $1.72 per share every quarter, $6.88 a year, a 2.34% yield at its share price of $291.59.
- Illinois Tool Works (ITW) paid its last 4 regular dividends in January, April, July and October.
- The next dividend from Illinois Tool Works (ITW), $1.72 per share, goes ex-dividend on Dec 31, 2026 and is paid on Jan 15, 2027; the last day to buy the shares and receive it is Dec 30, 2026.
- Illinois Tool Works (ITW) has paid a dividend since at least 1987; SmarterDividends' records hold 160 of its dividend payments.
- Illinois Tool Works (ITW) has raised its dividend for 38 consecutive years, by SmarterDividends' count of calendar-year totals.
- The most recent dividend increase from Illinois Tool Works (ITW), 6.8% to $1.72 per share, went ex-dividend on Sep 30, 2026.
- At $6.88 a year per share, 100 shares of ITW pay $688.00 a year in dividends before tax.
- SmarterDividends grades the dividend safety of Illinois Tool Works (ITW) A on an A to F scale; it pays out 58% of earnings as dividends.
Cite this page
SmarterDividends, "Does Illinois Tool Works Pay Dividends? Yes," updated Nov 5, 2026, https://smarterdividends.com/does-illinois-tool-works-pay-dividends
How much does Illinois Tool Works pay?
Illinois Tool Works (ITW) pays every quarter; its latest dividend was $1.72 per share. That is $6.88 per share a year, a 2.34% yield at today's price.
For example, 100 shares pay about $688.00 a year, and $10,000 invested at today's price pays about $234.00 a year, before tax. Work out your own number with the ITW dividend calculator.
| Ex-dividend date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 30, 2026 | Oct 9, 2026 | $1.72 | +6.8% |
| Jun 30, 2026 | Jul 10, 2026 | $1.61 | — |
| Mar 31, 2026 | Apr 9, 2026 | $1.61 | — |
| Dec 31, 2025 | Jan 9, 2026 | $1.61 | — |
| Sep 30, 2025 | Oct 10, 2025 | $1.61 | +7.3% |
| Jun 30, 2025 | Jul 11, 2025 | $1.50 | — |
| Mar 31, 2025 | Apr 10, 2025 | $1.50 | — |
| Dec 31, 2024 | Jan 10, 2025 | $1.50 | — |
When does Illinois Tool Works pay dividends?
Illinois Tool Works (ITW) paid its last 4 regular dividends in January, April, July and October. Its next dividend goes ex-dividend on Dec 31, 2026 and is paid on Jan 15, 2027.
To receive a dividend, you must own the shares before the ex-dividend date: buy by the close on the trading day before it. The ITW ex-dividend date page shows the exact dates.
Illinois Tool Works's dividend history
Illinois Tool Works (ITW) has paid a dividend since at least 1987, and SmarterDividends' records hold 160 payments. It has raised its dividend for 38 consecutive years. Its most recent increase, 6.8%, went ex-dividend on Sep 30, 2026.
SmarterDividends' records show no annual dividend cut. Its dividend safety grade is A on an A to F scale. Full ITW dividend history →
Frequently asked questions
Does Illinois Tool Works pay dividends?
As of Nov 5, 2026, Illinois Tool Works (ITW) pays a dividend of $1.72 per share every quarter, $6.88 a year, a 2.34% yield at its share price of $291.59.
How much is Illinois Tool Works's dividend?
Illinois Tool Works (ITW) pays $1.72 per share each payment, $6.88 per share a year. Over the last 12 months it paid $6.55 per share in total.
How often does Illinois Tool Works pay dividends?
Illinois Tool Works (ITW) pays every quarter, most recently in January, April, July and October.
When is Illinois Tool Works's next dividend?
The next dividend from Illinois Tool Works (ITW), $1.72 per share, goes ex-dividend on Dec 31, 2026 and is paid on Jan 15, 2027; the last day to buy the shares and receive it is Dec 30, 2026.
What is Illinois Tool Works's dividend yield?
2.34% as of Nov 5, 2026: $6.88 a year in dividends divided by the $291.59 share price. The yield moves every day with the share price.
How much dividend would 100 shares of ITW pay?
About $688.00 a year before tax, paid every quarter in installments of about $172.00, at Illinois Tool Works's current dividend rate.
Has Illinois Tool Works ever cut its dividend?
SmarterDividends' records show no annual cut in Illinois Tool Works's dividend since 1987. It has raised its dividend for 38 consecutive years.
How long has Illinois Tool Works paid dividends?
Since at least 1987, the start of Illinois Tool Works's payment record at SmarterDividends, which holds 160 payments.
When do I need to buy ITW to get the dividend?
Before the ex-dividend date. Under the U.S. T+1 settlement cycle you must buy by the close on the last trading day before the ex-dividend date, which for the next dividend is Dec 30, 2026. Buying on the ex-dividend date or later means the seller gets that dividend.
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SmarterDividends data, refreshed daily from public market data. For information only, not investment advice.