Illinois Tool Works Inc. (ITW)
Illinois Tool Works Inc. (ITW) is an American industrial manufacturing company that produces a wide range of specialized products and equipment. Founded in 1912, ITW operates globally across various segments, including automotive, construction, food equipment, and welding. Known for its decentralized structure and focus on innovation, the company provides solutions spanning packaging, fasteners, and specialty chemicals.
Dividend History
Investors can expect a dividend payout of $1.61 per share, scheduled to be distributed in 3 days on October 10, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 10, 2025 | $1.61 | 2025-09-30 | 2025-09-30 |
| July 11, 2025 | $1.50 | 2025-06-30 | 2025-06-30 |
| April 10, 2025 | $1.50 | 2025-03-31 | 2025-03-31 |
| January 10, 2025 | $1.50 | 2024-12-31 | 2024-12-31 |
| October 11, 2024 | $1.50 | 2024-09-30 | 2024-09-30 |
Dividends Summary
- Illinois Tool Works Inc. has issued 87 dividend payments over the past 21 years
- The most recent dividend was paid 88 days ago, on July 11, 2025
- The highest dividend payed out to investors during this period was $1.61 per share
- The average dividend paid during this period was $0.68 per share.
Company News
The global pharmaceutical metal detector market is projected to grow from USD 162.17 billion in 2024 to USD 270.93 billion by 2034, with a 5.28% CAGR, driven by rising demand for contamination-free products and technological advancements in metal detection systems.
Illinois Tool Works reported strong Q2 2025 financial results with record operating margin and earnings per share, though experiencing uneven growth across segments and declining free cash flow.
Illinois Tool Works Inc. (ITW) declared a quarterly dividend of $1.50 per share for the second quarter of 2025, equating to $6.00 per share on a full-year basis. The dividend will be paid on July 11, 2025 to shareholders of record as of June 30, 2025.
Eaton (ETN), with its wide product offerings in different end markets, will capitalize on rising demand from megatrends, especially in the North American market.
Illinois Tool Works' three-point enterprise strategy essentially drove its past 11 years' successful performance. Read why ITW stock is a Hold for now.
