ITW (Illinois Tool Works) Dividend Payout Ratio : 0.59 (As of Dec. 2024)

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What is Illinois Tool Works Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Illinois Tool Works's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.59.

The historical rank and industry rank for Illinois Tool Works's Dividend Payout Ratio or its related term are showing as below:

ITW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.55 Max: 0.67
Current: 0.56

During the past 13 years, the highest Dividend Payout Ratio of Illinois Tool Works was 0.67. The lowest was 0.41. And the median was 0.55.

ITW's Dividend Payout Ratio is ranked worse than
71.8% of 1752 companies
in the Industrial Products industry
Industry Median: 0.36 vs ITW: 0.56

As of today (2025-04-26), the Dividend Yield % of Illinois Tool Works is 2.45%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Illinois Tool Works was 3.29%. The lowest was 1.60%. And the median was 2.18%.

Illinois Tool Works's Dividends per Share for the months ended in Dec. 2024 was $1.50.

During the past 12 months, Illinois Tool Works's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.70% per year.

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 14.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Illinois Tool Works Dividend Payout Ratio Historical Data

The historical data trend for Illinois Tool Works's Dividend Payout Ratio 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.

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Illinois Tool Works Dividend Payout Ratio Chart

Illinois Tool Works Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

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0.67

0.56

0.55

0.57

Illinois Tool Works Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.58	0.51	0.58	0.57	0.59

Competitive Comparison of Illinois Tool Works's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Illinois Tool Works's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Illinois Tool Works's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Illinois Tool Works's Dividend Payout Ratio falls into.

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Illinois Tool Works Dividend Payout Ratio Calculation

Illinois Tool Works's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	5.8	/	10.15
	=	0.57

Illinois Tool Works's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	1.5	/	2.54
	=	0.59

Illinois Tool Works (NYSE:ITW) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Illinois Tool Works Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Illinois Tool Works's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Illinois Tool Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (NYSE:ITW) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0J8W:UK ILT:Germany ILT:Germany ILT:Germany ITW:Austria

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.

Executives

Christopher A O'herlihy	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Michael M Larsen	officer: SVP & CFO	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Ernest Scott Santi	director, officer: President & CEO	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Smith David Byron Jr	director	155 HARLEM AVE., GLENVIEW IL 60025
Mary Katherine Lawler	officer: SVP & Chief HR Officer	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE, GLENVIEW IL 60025
Randall J Scheuneman	officer: VP & Chief Accounting Officer	155 HARLEM AVE., GLENVIEW IL 60025
Sharon Szafranski	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Kelly J Grier	director	155 HARLEM AVE., GLENVIEW IL 60025
Lei Zhang Schlitz	officer: Executive Vice President	5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Patricia A. Hartzell	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Javier Gracia Carbonell	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Jay L Henderson	director	50 SOUTH LASALLE ST, CHICAGO IL 60603
Jennifer Kaplan Schott	officer: SVP, General Counsel & Secy.	155 HARLEM AVE., GLENVIEW IL 60025
Darrell L Ford	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Finch Norman D. Jr.	officer: Sr. VP, General Counsel & Secy	C/O ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025