2.27% Sep 30, 12:34 PM
$1.94 Paid Quarterly
42.3% EPS $4.59
50 years Since 1964
No Ex-Dividend Dates
Have Been Scheduled

ITW - Upcoming Dividend Payouts
Next Ex-Dividend Date None

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.4850 2014-08-08 2014-09-26 2014-09-30 2014-10-07 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date
ITW has not yet officially announced its next dividend payout.

ITW - Dividend Yield & Stock Price History
Current Dividend Yield 2.27%

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ITW - Dividend Payout History
Current Annual Payout $1.94

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Dividend payouts are split-adjusted

ITW - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for ITW. 7.2% 8.1% 50 years
Annual dividend amounts based on Ex-dividend date

ITW - Historical Annual Dividend Data & Growth
Payouts Increasing For 50 years

Payout Amount Calendar Year Annual Growth
$1.6000 2013 8.1%
$1.4800 2012 5.7%

ITW - Historical Dividend Data
Payouts Increasing For 50 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.4850 2014-08-08 2014-09-26 2014-09-30 2014-10-07 Yes Regular Quarter
$0.4200 2014-05-02 2014-06-26 2014-06-30 2014-07-08 Yes Regular Quarter
$0.4200 2014-02-14 2014-03-27 2014-03-31 2014-04-08 Yes Regular Quarter
$0.4200 2013-11-01 2013-12-27 2013-12-31 2014-01-07 Yes Regular Quarter
$0.4200 2013-08-02 2013-09-26 2013-09-30 2013-10-08 Yes Regular Quarter

Illinois Tool Works (ITW) - News

  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • For many dividend investors, the ultimate goal is to own steady dividend stocks with reliable and uptrending yields. As we progress through the...
  • Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Citigroup Maintains "Neutral" Rating, Raises PT on Illinois Tool Works (ITW)

    Citigroup announced on Wednesday that it was maintaining a "Neutral" rating on the Glenview, IL-based industrial conglomerate, Illinois Tool Works (ITW) , but went on to raise its price target for the company. Deane Dray, an analyst with the firm, noted "Following its disclosure in February 2013 that it was reviewing strategic alternatives for its $2.4 bil Industrial Packaging business, ITW officially announced on Sept-24 that the sale process has begun. In an incremental positive, the company declared that all the dilution from the divestiture would be offset by buybacks and that additional balance sheet leverage will be used to fund the program." Given the lagged benefit of the expected buyback, Citigroup raised its price target on the stock from $75 to $80 a share. Illinois Tool Works shares traded lower on Wednesday, shedding 0.97% on the day. The stock is up 27% YTD.

    The Bottom Line

    Shares of Illinois Tool Works (ITW) are yielding 2.18% based on Wednesday's closing price of $77.24. Illinois Tool Works (ITW) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Illinois Tool Works Reports Plan to Divest Industrial Packaging Segment (ITW)

    Illinois Tool Works Inc. (ITW) reported on Tuesday that its board has approved a plan to divest its Industrial Packaging segment. The company announced last February that it was seeking out alternative options for the segment, which brought in $2.4 billion in revenue in 2012. ITW will now classify this segment as a discontinued operation. President and CEO of ITW, E. Scott Santi commented: "After carefully considering the underlying value of the business, the level of preliminary interest from potential buyers and a favorable debt market, the Company and our board of directors have opted to initiate a sale process for the Industrial Packaging segment." "With this move, we are taking a sizeable step in the implementation of our strategy to narrow the focus of our portfolio," Santi added. Looking ahead, the company has lowered its valuation range for the third quarter from $1.06-$1.16 per share to earnings between 84 cents and 92 cents per share. FY2013 estimates have been cut from $4.10-$4.30 per share to $3.50-$3.66 per share. Illinois Tool Works shares were up 38 cents, or 0.50%, during Tuesday morning trading. The stock is up 26% YTD.

    The Bottom Line

    Shares of Illinois Tool Works (ITW) have a 2.20% yield based on Tuesday morning's price of $76.42. Illinois Tool Works Inc. (ITW) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Illinois Tool Works Earnings Tumble; Outlook Lowered (ITW)

    Illinois Tool Works Inc. (ITW) reported a decline in second quarter earnings, which came in below analysts' estimates. The company also reported that it has cut its FY2013 guidance. The Glenview, IL-based company reported second quarter earnings of $465 million, or $1.03 per share, down from $881 million, or $1.85 per share, a year ago. Income from continuing operations declined to $464 million, or $1.03 per share, compared to $519 million, or $1.09 per share, a year ago. On average, analysts expected to see earnings of $1.10 per share. Revenue for the quarter fell to $4.219 billion, from $4.463 billion last year, and came in below analysts' estimate of $4.29 billion. Looking ahead, the company is expecting third quarter earnings between $1.06 and $1.16 per share. Analysts expect the company to report earnings of $1.13 per share. The company is estimating revenue growth between 3-5%. For FY2013, the company has lowered its outlook from a valuation range of $4.15 to $4.35 to a new range of $4.10 to $4.30. Illinois Tool Works shares were down $2.14, or 2.90%, during Tuesday morning trading. The stock is up 18% YTD. The Bottom Line Shares of Illinois Tool Works Inc. (ITW) have a 2.12% yield based on Tuesday morning's price of $71.57. Illinois Tool Works Inc. (ITW) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

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