Illinois Tool Works (ITW) Dividend History
Illinois Tool Works Inc. · every payment since 1987
As of Nov 9, 2026, Illinois Tool Works (ITW) has paid 160 dividends since 1987. The most recent was $1.7200 per share (ex-date Sep 30, 2026, paid Oct 9, 2026). Over the last 12 months ITW paid $6.5500 across 4 payments, a trailing yield of 2.33%. The average of the last 2 regular payments is +3.4% versus the 2 before.
Latest news: Illinois Tool Works Raises Quarterly Dividend 6.8% to $1.72 · Oct 1, 2026
Latest dividend
$1.7200
Last ex-date
Sep 30, 2026
Paid, last 12 months
$6.55
Trailing yield
2.33%
Frequency
Quarterly
Growth streak
38 yrs
Key facts: ITW dividend history
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, SmarterDividends has 160 dividend payments on record for Illinois Tool Works Inc. (ITW), going back to 1987.
- ITW's most recent dividend was $1.72 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 9, 2026.
- In the 12 months to Nov 9, 2026, ITW paid $6.55 per share in dividends across 4 payments, a trailing yield of 2.33%.
- ITW's most recent dividend increase took effect with the Sep 30, 2026 ex-date, a 6.8% rise to $1.72 per share.
- ITW's most recent dividend cut took effect with the Dec 27, 2002 ex-date, a 4.3% reduction to $0.11 per share.
- ITW paid $6.22 per share in dividends in calendar year 2025, up 7.2% from 2024.
Cite this page
SmarterDividends, "Illinois Tool Works (ITW) Dividend History: Every Payment, Dates & Yield," updated Nov 9, 2026, https://smarterdividends.com/stocks/ITW/dividend-history
What the record shows
ITW has paid a quarterly dividend since 1987 and has made 160 payments. Over the trailing year, the Industrials stock paid four dividends totaling $6.55 per share. That amount corresponds to a trailing yield of 2.35%.
The latest dividend was $1.72 per share, up 6.8% from the previous payment. The recent average payment increased to $1.665 from $1.61, a gain of 3.4%.
Annual totals rose in each of the last six years, with every yearly increase between 6.8% and 7.2%. Payment counts were unchanged across that span, so the higher totals aligned with higher average payments rather than shifts in timing. The annual total reached $6.22 per share at the end of that span. ITW has delivered 38 consecutive years of dividend growth, has no annual cut year, and carries an A dividend safety grade.
By SmarterDividends Team · written from the payment record on this page · updated Nov 1, 2026 · editorial policy
Dividends versus price, last 12 months
Paid out
2.67%
of price a year ago
Price change
+14.4%
$245.49 → $280.95
Approx. total return
+17.1%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
ITW dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 24 regular payments, per share
ITW dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 3 | $4.9400 | — |
| 2025 | 4 | $6.2200 | +7.2% |
| 2024 | 4 | $5.8000 | +7.0% |
| 2023 | 4 | $5.4200 | +7.1% |
| 2022 | 4 | $5.0600 | +7.2% |
| 2021 | 4 | $4.7200 | +6.8% |
| 2020 | 4 | $4.4200 | +6.8% |
| 2019 | 4 | $4.1400 | +16.3% |
| 2018 | 4 | $3.5600 | +24.5% |
| 2017 | 4 | $2.8600 | +19.2% |
| 2016 | 4 | $2.4000 | +15.9% |
| 2015 | 4 | $2.0700 | +14.4% |
| 2014 | 4 | $1.8100 | +13.1% |
| 2013 | 4 | $1.6000 | +8.1% |
| 2012 | 4 | $1.4800 | +5.7% |
| 2011 | 4 | $1.4000 | +7.7% |
| 2010 | 4 | $1.3000 | +4.8% |
| 2009 | 4 | $1.2400 | +5.1% |
| 2008 | 4 | $1.1800 | +20.4% |
| 2007 | 4 | $0.9800 | +7.1% |
| 2006 | 4 | $0.9150 | +50.0% |
| 2005 | 4 | $0.6100 | +17.3% |
| 2004 | 4 | $0.5200 | +10.6% |
| 2003 | 4 | $0.4700 | +5.6% |
| 2002 | 4 | $0.4450 | +6.0% |
| 2001 | 4 | $0.4200 | +10.5% |
| 2000 | 4 | $0.3800 | +15.2% |
| 1999 | 4 | $0.3300 | +22.2% |
| 1998 | 4 | $0.2700 | +18.7% |
| 1997 | 4 | $0.2275 | +26.4% |
| 1996 | 4 | $0.1800 | +12.5% |
| 1995 | 4 | $0.1600 | -7.2% |
| 1994 | 5timing | $0.1725 | +40.8% |
| 1993 | 4 | $0.1225 | +8.9% |
| 1992 | 4 | $0.1125 | +12.5% |
| 1991 | 4 | $0.1000 | +21.2% |
| 1990 | 4 | $0.0825 | +22.2% |
| 1989 | 4 | $0.0675 | +22.7% |
| 1988 | 4 | $0.0550 | +29.4% |
| 1987 | 4 | $0.0425 | — |
Every ITW dividend
40 raises · 1 cuts · 2 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| Sep 30, 2026 | Oct 9, 2026 | $1.7200 | +6.8% | Raise |
| Jun 30, 2026 | Jul 10, 2026 | $1.6100 | +0.0% | Unchanged |
| Mar 31, 2026 | Apr 9, 2026 | $1.6100 | +0.0% | Unchanged |
| Dec 31, 2025 | Jan 9, 2026 | $1.6100 | +0.0% | Unchanged |
| Sep 30, 2025 | Oct 10, 2025 | $1.6100 | +7.3% | Raise |
| Jun 30, 2025 | Jul 11, 2025 | $1.5000 | +0.0% | Unchanged |
| Mar 31, 2025 | Apr 10, 2025 | $1.5000 | +0.0% | Unchanged |
| Dec 31, 2024 | Jan 10, 2025 | $1.5000 | +0.0% | Unchanged |
| Sep 30, 2024 | Oct 11, 2024 | $1.5000 | +7.1% | Raise |
| Jun 28, 2024 | Jul 11, 2024 | $1.4000 | +0.0% | Unchanged |
| Mar 27, 2024 | Apr 11, 2024 | $1.4000 | +0.0% | Unchanged |
| Dec 28, 2023 | Jan 11, 2024 | $1.4000 | +0.0% | Unchanged |
| Sep 28, 2023 | Oct 12, 2023 | $1.4000 | +6.9% | Raise |
| Jun 29, 2023 | Jul 13, 2023 | $1.3100 | +0.0% | Unchanged |
| Mar 30, 2023 | Apr 13, 2023 | $1.3100 | +0.0% | Unchanged |
| Dec 29, 2022 | Jan 12, 2023 | $1.3100 | +0.0% | Unchanged |
| Sep 29, 2022 | Oct 14, 2022 | $1.3100 | +7.4% | Raise |
| Jun 29, 2022 | Jul 14, 2022 | $1.2200 | +0.0% | Unchanged |
| Mar 30, 2022 | Apr 14, 2022 | $1.2200 | +0.0% | Unchanged |
| Dec 30, 2021 | Jan 14, 2022 | $1.2200 | +0.0% | Unchanged |
| Sep 29, 2021 | Oct 14, 2021 | $1.2200 | +7.0% | Raise |
| Jun 29, 2021 | Jul 15, 2021 | $1.1400 | +0.0% | Unchanged |
| Mar 30, 2021 | Apr 14, 2021 | $1.1400 | +0.0% | Unchanged |
| Dec 30, 2020 | Jan 14, 2021 | $1.1400 | +0.0% | Unchanged |
| Sep 29, 2020 | Oct 14, 2020 | $1.1400 | +6.5% | Raise |
| Jun 29, 2020 | Jul 15, 2020 | $1.0700 | +0.0% | Unchanged |
| Mar 30, 2020 | Apr 15, 2020 | $1.0700 | +0.0% | Unchanged |
| Dec 30, 2019 | Jan 15, 2020 | $1.0700 | +0.0% | Unchanged |
| Sep 27, 2019 | Oct 9, 2019 | $1.0700 | +7.0% | Raise |
| Jun 27, 2019 | Jul 10, 2019 | $1.0000 | +0.0% | Unchanged |
| Mar 28, 2019 | Apr 10, 2019 | $1.0000 | +0.0% | Unchanged |
| Dec 28, 2018 | Jan 10, 2019 | $1.0000 | +0.0% | Unchanged |
| Sep 27, 2018 | Oct 9, 2018 | $1.0000 | +28.2% | Raise |
| Jun 28, 2018 | Jul 11, 2018 | $0.7800 | +0.0% | Unchanged |
| Mar 28, 2018 | Apr 10, 2018 | $0.7800 | +0.0% | Unchanged |
| Dec 28, 2017 | Jan 10, 2018 | $0.7800 | +0.0% | Unchanged |
| Sep 28, 2017 | Oct 10, 2017 | $0.7800 | +20.0% | Raise |
| Jun 28, 2017 | Jul 12, 2017 | $0.6500 | +0.0% | Unchanged |
| Mar 29, 2017 | Apr 11, 2017 | $0.6500 | +0.0% | Unchanged |
| Dec 28, 2016 | Jan 11, 2017 | $0.6500 | +0.0% | Unchanged |
| Sep 28, 2016 | Oct 6, 2016 | $0.6500 | +18.2% | Raise |
| Jun 28, 2016 | Jul 8, 2016 | $0.5500 | +0.0% | Unchanged |
| Mar 29, 2016 | Apr 7, 2016 | $0.5500 | +0.0% | Unchanged |
| Dec 29, 2015 | Jan 7, 2016 | $0.5500 | +0.0% | Unchanged |
| Sep 28, 2015 | Oct 6, 2015 | $0.5500 | +13.4% | Raise |
| Jun 26, 2015 | Jul 7, 2015 | $0.4850 | +0.0% | Unchanged |
| Mar 27, 2015 | Apr 7, 2015 | $0.4850 | +0.0% | Unchanged |
| Dec 29, 2014 | Jan 6, 2015 | $0.4850 | +0.0% | Unchanged |
| Sep 26, 2014 | Oct 7, 2014 | $0.4850 | +15.5% | Raise |
| Jun 26, 2014 | Jul 8, 2014 | $0.4200 | +0.0% | Unchanged |
| Mar 27, 2014 | Apr 8, 2014 | $0.4200 | +0.0% | Unchanged |
| Dec 27, 2013 | Jan 7, 2014 | $0.4200 | +0.0% | Unchanged |
| Sep 26, 2013 | Oct 8, 2013 | $0.4200 | +10.5% | Raise |
| Jun 26, 2013 | Jul 9, 2013 | $0.3800 | +0.0% | Unchanged |
| Mar 26, 2013 | Apr 9, 2013 | $0.3800 | +0.0% | Unchanged |
| Dec 14, 2012 | Dec 31, 2012 | $0.3800 | +0.0% | Unchanged |
| Sep 26, 2012 | Oct 10, 2012 | $0.3800 | +5.6% | Raise |
| Jun 27, 2012 | Jul 10, 2012 | $0.3600 | +0.0% | Unchanged |
| Mar 28, 2012 | Apr 10, 2012 | $0.3600 | +0.0% | Unchanged |
| Dec 28, 2011 | Jan 10, 2012 | $0.3600 | +0.0% | Unchanged |
| Sep 28, 2011 | Oct 12, 2011 | $0.3600 | +5.9% | Raise |
| Jun 28, 2011 | Jul 12, 2011 | $0.3400 | +0.0% | Unchanged |
| Mar 29, 2011 | Apr 12, 2011 | $0.3400 | +0.0% | Unchanged |
| Dec 29, 2010 | Jan 11, 2011 | $0.3400 | +0.0% | Unchanged |
| Sep 28, 2010 | Oct 13, 2010 | $0.3400 | +9.7% | Raise |
| Jun 28, 2010 | Jul 13, 2010 | $0.3100 | +0.0% | Unchanged |
| Mar 29, 2010 | Apr 13, 2010 | $0.3100 | +0.0% | Unchanged |
| Dec 29, 2009 | Jan 12, 2010 | $0.3100 | +0.0% | Unchanged |
| Sep 28, 2009 | Oct 14, 2009 | $0.3100 | +0.0% | Unchanged |
| Jun 26, 2009 | Jul 14, 2009 | $0.3100 | +0.0% | Unchanged |
| Mar 27, 2009 | Apr 14, 2009 | $0.3100 | +0.0% | Unchanged |
| Dec 29, 2008 | Jan 13, 2009 | $0.3100 | +0.0% | Unchanged |
| Sep 26, 2008 | Oct 14, 2008 | $0.3100 | +10.7% | Raise |
| Jun 26, 2008 | Jul 14, 2008 | $0.2800 | +0.0% | Unchanged |
| Mar 27, 2008 | Apr 14, 2008 | $0.2800 | +0.0% | Unchanged |
| Dec 27, 2007 | Jan 14, 2008 | $0.2800 | +0.0% | Unchanged |
| Sep 26, 2007 | Oct 15, 2007 | $0.2800 | +33.3% | Raise |
| Jun 27, 2007 | Jul 16, 2007 | $0.2100 | +0.0% | Unchanged |
| Mar 28, 2007 | Apr 16, 2007 | $0.2100 | +0.0% | Unchanged |
| Dec 27, 2006 | Jan 22, 2007 | $0.2100 | +0.0% | Unchanged |
| Sep 27, 2006 | Oct 16, 2006 | $0.2100 | +27.3% | Raise |
| Jun 28, 2006 | Jul 17, 2006 | $0.3300 | — | Special |
| Mar 29, 2006 | Apr 17, 2006 | $0.1650 | +0.0% | Unchanged |
| Dec 28, 2005 | Jan 23, 2006 | $0.1650 | +0.0% | Unchanged |
| Sep 28, 2005 | Oct 17, 2005 | $0.1650 | +17.9% | Raise |
| Jun 28, 2005 | Jul 18, 2005 | $0.1400 | +0.0% | Unchanged |
| Mar 29, 2005 | Apr 18, 2005 | $0.1400 | +0.0% | Unchanged |
| Dec 29, 2004 | Jan 24, 2005 | $0.1400 | +0.0% | Unchanged |
| Sep 28, 2004 | Oct 18, 2004 | $0.1400 | +16.7% | Raise |
| Jun 28, 2004 | Jul 19, 2004 | $0.1200 | +0.0% | Unchanged |
| Mar 29, 2004 | Apr 19, 2004 | $0.1200 | +0.0% | Unchanged |
| Dec 29, 2003 | Jan 26, 2004 | $0.1200 | +0.0% | Unchanged |
| Sep 26, 2003 | Oct 20, 2003 | $0.1200 | +4.3% | Raise |
| Jun 26, 2003 | Jul 21, 2003 | $0.1150 | +0.0% | Unchanged |
| Mar 27, 2003 | Apr 21, 2003 | $0.1150 | +4.5% | Raise |
| Dec 27, 2002 | Jan 27, 2003 | $0.1100 | -4.3% | Cut |
| Sep 26, 2002 | Oct 18, 2002 | $0.1150 | +4.5% | Raise |
| Jun 26, 2002 | Jul 19, 2002 | $0.1100 | +0.0% | Unchanged |
| Mar 26, 2002 | Apr 19, 2002 | $0.1100 | +0.0% | Unchanged |
| Dec 27, 2001 | Jan 25, 2002 | $0.1100 | +0.0% | Unchanged |
| Sep 26, 2001 | Oct 19, 2001 | $0.1100 | +10.0% | Raise |
| Jun 27, 2001 | Jul 20, 2001 | $0.1000 | +0.0% | Unchanged |
| Mar 28, 2001 | Apr 20, 2001 | $0.1000 | +0.0% | Unchanged |
| Dec 27, 2000 | Jan 26, 2001 | $0.1000 | +0.0% | Unchanged |
| Sep 27, 2000 | Oct 19, 2000 | $0.1000 | +11.1% | Raise |
| Jun 28, 2000 | Jul 21, 2000 | $0.0900 | +0.0% | Unchanged |
| Mar 29, 2000 | Apr 20, 2000 | $0.0900 | +0.0% | Unchanged |
| Dec 29, 1999 | Jan 28, 2000 | $0.0900 | +0.0% | Unchanged |
| Sep 28, 1999 | Oct 23, 1999 | $0.0900 | +20.0% | Raise |
| Jun 28, 1999 | Jul 22, 1999 | $0.0750 | +0.0% | Unchanged |
| Mar 29, 1999 | Apr 22, 1999 | $0.0750 | +0.0% | Unchanged |
| Dec 29, 1998 | Jan 21, 1999 | $0.0750 | +0.0% | Unchanged |
| Sep 28, 1998 | Oct 23, 1998 | $0.0750 | +25.0% | Raise |
| Jun 17, 1998 | Jul 24, 1998 | $0.0600 | +0.0% | Unchanged |
| Mar 27, 1998 | Apr 24, 1998 | $0.0600 | +0.0% | Unchanged |
| Dec 29, 1997 | Jan 23, 1998 | $0.0600 | +0.0% | Unchanged |
| Sep 26, 1997 | Oct 24, 1997 | $0.0600 | +0.0% | Unchanged |
| Jun 26, 1997 | Jul 25, 1997 | $0.0600 | +26.3% | Raise |
| Mar 26, 1997 | Apr 25, 1997 | $0.0475 | +0.0% | Unchanged |
| Dec 27, 1996 | Jan 24, 1997 | $0.0475 | +0.0% | Unchanged |
| Sep 26, 1996 | Oct 25, 1996 | $0.0475 | +11.8% | Raise |
| Jun 26, 1996 | Jul 25, 1996 | $0.0425 | +0.0% | Unchanged |
| Mar 27, 1996 | Apr 25, 1996 | $0.0425 | +0.0% | Unchanged |
| Dec 27, 1995 | Jan 25, 1996 | $0.0425 | +0.0% | Unchanged |
| Sep 27, 1995 | Oct 25, 1995 | $0.0425 | +13.3% | Raise |
| Jun 28, 1995 | Jul 25, 1995 | $0.0375 | +0.0% | Unchanged |
| Mar 27, 1995 | Apr 25, 1995 | $0.0375 | +0.0% | Unchanged |
| Dec 23, 1994 | Jan 25, 1995 | $0.0375 | +0.0% | Unchanged |
| Sep 26, 1994 | Oct 25, 1994 | $0.0375 | +15.4% | Raise |
| Aug 1, 1994 | — | $0.0325 | +0.0% | Unchanged |
| May 2, 1994 | Jun 1, 1994 | $0.0325 | +0.0% | Unchanged |
| Jan 31, 1994 | Mar 1, 1994 | $0.0325 | +0.0% | Unchanged |
| Nov 1, 1993 | — | $0.0325 | +8.3% | Raise |
| Aug 2, 1993 | Sep 1, 1993 | $0.0300 | +0.0% | Unchanged |
| May 3, 1993 | Jun 2, 1993 | $0.0300 | +0.0% | Unchanged |
| Feb 1, 1993 | — | $0.0300 | +0.0% | Unchanged |
| Nov 2, 1992 | Dec 1, 1992 | $0.0300 | +9.1% | Raise |
| Aug 3, 1992 | Sep 1, 1992 | $0.0275 | +0.0% | Unchanged |
| May 4, 1992 | Jun 2, 1992 | $0.0275 | +0.0% | Unchanged |
| Feb 3, 1992 | Mar 3, 1992 | $0.0275 | +0.0% | Unchanged |
| Nov 1, 1991 | — | $0.0275 | +0.0% | Unchanged |
| Aug 12, 1991 | Sep 3, 1991 | $0.0275 | +22.2% | Raise |
| May 2, 1991 | Jun 1, 1991 | $0.0225 | +0.0% | Unchanged |
| Jan 29, 1991 | Mar 1, 1991 | $0.0225 | +0.0% | Unchanged |
| Nov 1, 1990 | Dec 1, 1990 | $0.0225 | +0.0% | Unchanged |
| Aug 3, 1990 | Sep 1, 1990 | $0.0225 | +20.0% | Raise |
| May 3, 1990 | Jun 1, 1990 | $0.0188 | +0.0% | Unchanged |
| Jan 30, 1990 | Mar 1, 1990 | $0.0188 | +0.0% | Unchanged |
| Oct 31, 1989 | Dec 1, 1989 | $0.0188 | +0.0% | Unchanged |
| Aug 1, 1989 | Sep 1, 1989 | $0.0188 | +25.0% | Raise |
| May 2, 1989 | Jun 1, 1989 | $0.0150 | +0.0% | Unchanged |
| Jan 30, 1989 | Mar 1, 1989 | $0.0150 | +0.0% | Unchanged |
| Oct 28, 1988 | Dec 1, 1988 | $0.0150 | +0.0% | Unchanged |
| Jul 29, 1988 | Sep 1, 1988 | $0.0150 | +20.0% | Raise |
| Apr 29, 1988 | Jun 1, 1988 | $0.0125 | +0.0% | Unchanged |
| Jan 29, 1988 | Mar 1, 1988 | $0.0125 | +0.0% | Unchanged |
| Oct 30, 1987 | Dec 1, 1987 | $0.0125 | +0.0% | Unchanged |
| Jul 31, 1987 | Sep 1, 1987 | $0.0125 | +11.1% | Raise |
| May 1, 1987 | Jun 1, 1987 | $0.0063 | — | Special |
| Jan 30, 1987 | Mar 2, 1987 | $0.0113 | — | First |
ITW dividend history — FAQ
How much is ITW's dividend?
As of Nov 9, 2026, ITW's most recent dividend was $1.7200 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 9, 2026. Over the last 12 months it paid $6.5500 per share across 4 payments, a trailing yield of 2.33%.
How often does ITW pay a dividend?
Illinois Tool Works Inc. pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.
When is ITW's next dividend?
As of Nov 9, 2026, the next ITW ex-dividend date on record is Dec 31, 2026, payable Jan 15, 2027. Shares must be owned before the ex-dividend date to receive it.
Has ITW ever cut its dividend?
Yes. Our payment-by-payment record shows 1 regular payment lower than the one before it.
How much did ITW pay in dividends in 2025?
ITW paid $6.2200 per share across 4 payments in 2025, up 7.2% from 2024.
What was ITW's total return including dividends over the last year?
Over the 12 months to Nov 6, 2026, ITW paid $6.5500 per share, 2.67% of its price a year earlier, while its price moved +14.4%. That is an approximate total return of +17.1% before taxes and reinvestment.
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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to ITW