ITW Illinois Tool Works Inc.

Industrials · Specialty Industrial Machinery

4 · Weak Momentum 8.0 · Strong Watch Aristocrat

293.15

-0.47%

About the company

Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produce and sells test and measurement; and electronic manufacturing and maintenance, repair, and operations solutions. The Welding segment produces arc welding equipment, and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company serves automotive OEM and aftermarket, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, and other markets, as well as MRO markets. It distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

Website Annual reports (10-K)

2.35%

62.32%

6.88

83.5B

26.55

11.04

263.65

52-week range

293

low 239 high 303

Dividend deep dive

Illinois Tool Works Inc. (ITW), operating in Specialty Industrial Machinery within the Industrials sector, maintains a dividend safety status of "watch". The company currently offers a dividend yield of 2.33%. This yield falls within its 5-year historical range of 2.12% to 2.47%, with the current yield being close to its 5-year average of 2.31%. ITW has a market capitalization of $78.47 billion. The current market price is $276.05.

Dividend history

ITW boasts a strong dividend growth record, having increased its dividend for 29 consecutive years, earning it a "Champion" tier classification. The 3-year dividend compound annual growth rate (CAGR) stands at 7.12%, while the 5-year CAGR is 7.07%. Recent dividend payments have shown consistent increases. For example, the annual dividend per share was $4.42 in 2020, grew to $5.06 in 2022, and reached $5.42 in 2023. The dividend is projected to be $6.22 per share in 2025.

Dividend safety

The dividend's safety for Illinois Tool Works is currently rated as "watch". The payout ratio is 59.74% based on its EPS of $10.78, indicating that a notable portion of earnings is allocated to dividends.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.