Illinois Tool Works's dividends per share for the
three
months ended in Dec. 2023 was $1.40. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.42. Its Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.58. As of today, Illinois Tool Works's Dividend Yield % is 2.22%.
Warning Sign:
Illinois Tool Works Inc stock dividend yield is close to 2-year low.
During the past 12 months, Illinois Tool Works's average Dividends Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Illinois Tool Works was 24.60% per year. The lowest was 5.90% per year. And the median was 14.50% per year.
For more information regarding to dividend, please check our Dividend Page.
Illinois Tool Works Dividends per Share Historical Data
The historical data trend for Illinois Tool Works's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Illinois Tool Works's Dividends per Share
For the Specialty Industrial Machinery subindustry, Illinois Tool Works's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Illinois Tool Works's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Illinois Tool Works's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Illinois Tool Works's Dividend Yield % falls into.
Illinois Tool Works Dividends per Share Calculation
Dividends paid to per common share.
Illinois Tool Works (NYSE:ITW) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Illinois Tool Works's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Illinois Tool Works was 0.67. The lowest was 0.39. And the median was 0.54.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Illinois Tool Works Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.400
2024-03-27
2024-03-29
2024-04-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.400
2023-12-28
2023-12-29
2024-01-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.400
2023-09-28
2023-09-29
2023-10-12
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.310
2023-06-29
2023-06-30
2023-07-13
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Illinois Tool Works's Dividend Yield (%) for Today is calculated as
Current Share Price is $248.28.
Illinois Tool Works's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.51.
During the past 13 years, the highest Dividend Yield of Illinois Tool Works was 3.29%. The lowest was 1.60%. And the median was 2.10%.
Warning Sign:
Illinois Tool Works Inc stock dividend yield is close to 2-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Illinois Tool Works Dividends per Share Related Terms
Thank you for viewing the detailed overview of Illinois Tool Works's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Illinois Tool Works (Illinois Tool Works) Business Description
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
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