ITW Dividend History
Illinois Tool Works Inc. · every payment since 1987
As of Oct 8, 2026, Illinois Tool Works Inc. (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 2.51%. 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
2.51%
Frequency
Quarterly
Growth streak
38 yrs
Key facts: ITW dividend history
Data as of · Source: SmarterDividends data
- As of Oct 8, 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 Oct 8, 2026, ITW paid $6.55 per share in dividends across 4 payments, a trailing yield of 2.51%.
- 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 Sep 27, 2006 ex-date, a 36.4% reduction to $0.21 per share.
- ITW paid $6.22 per share in dividends in calendar year 2025, up 7.2% from 2024.
Cite this page
SmarterDividends, "ITW Dividend History: Every Payment, Dates & Yield," updated Oct 8, 2026, https://smarterdividends.com/stocks/ITW/dividend-history
What the record shows
ITW has made 160 quarterly dividend payments since 1987, establishing a long record of regular distributions. Its dividend has grown for 38 consecutive years, with no annual cut during that streak. The Industrials stock has an A dividend safety grade.
The latest quarterly dividend was $1.72 per share, a 6.8% increase from the previous payment. Over the last year, four payments totaled $6.55 per share and provided a 2.55% trailing yield. The recent average payment was higher than the prior average, and the latest amount exceeded both averages.
Annual dividends rose in each of the six recent full years, climbing from $4.42 per share to $6.22 per share. The yearly increases ranged from 6.8% to 7.2%, keeping ITW’s annual payment progression consistently positive throughout the period.
By SmarterDividends Team · written from the payment record on this page · updated Oct 1, 2026 · editorial policy
Dividends versus price, last 12 months
Paid out
2.59%
of price a year ago
Price change
+3.3%
$252.75 → $261.15
Approx. total return
+5.9%
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 · 3 cuts · 0 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 | -36.4% | Cut |
| Jun 28, 2006 | Jul 17, 2006 | $0.3300 | +100.0% | Raise |
| 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 | +100.0% | Raise |
| May 1, 1987 | Jun 1, 1987 | $0.0063 | -44.4% | Cut |
| Jan 30, 1987 | Mar 2, 1987 | $0.0113 | — | First |
ITW dividend history — FAQ
How much is ITW's dividend?
As of Oct 8, 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 2.51%.
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?
ITW's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.
Has ITW ever cut its dividend?
Yes. Our payment-by-payment record shows 3 regular payments 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 Oct 8, 2026, ITW paid $6.5500 per share, 2.59% of its price a year earlier, while its price moved +3.3%. That is an approximate total return of +5.9% before taxes and reinvestment.
More on ITW
Explore more
Lists and tools related to ITW
- Dividend Aristocrats (25+ years) →
- Safest dividend stocks →
- Industrials dividend stocks →
- ITW dividend calculator →
- ITW DRIP calculator →
- ITW: last day to buy for the dividend →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
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