Illinois Tool Works Inc. ITW, +0.30% said Friday its board has approved a 7 cents increase in its quarterly cash dividend, boosting it to $1.14 a share. The Board declared a dividend on the company's common stock of $1.00 per share for the third quarter of 2018. Illinois Tool Works pays an annual dividend of $4.56 per share, with a dividend yield of 2.24%. Illinois Tool Works Inc dividends. Illinois Tool Works Inc. (NYSE:ITW) Declares Dividend Increase – $1.14 Per Share. Dividend Yield: 2.3% 5 Year Price Target $167 Years Of Dividend Growth: 45 Dividend Risk Score: B Retirement Suitability Score: C Last Dividend Increase: 7.0% Overview & Current Events Illinois Tool Works is a diversified multi-industrial manufacturer with seven unique operating segments: Automotive, Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support See upcoming ex-dates. ITW's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! GLENVIEW, Ill., Aug. 03, 2018 -- The Board of Directors of Illinois Tool Works Inc. authorized a 28 percent increase in the dividend payout to shareholders, representing a quarterly increase of... | November 28, 2020 About Illinois Tool Works (ITW) ITW is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. ... Illinois Tool Works Inc. NYSE: ITW $203.82 up $0.69 Quarterly. At that price the stock would yield 1.0%. Illinois Tool Works (ITW, $196.81) is a recent addition to Argus's list of dividend growth stocks, thanks in part to its 56-year streak of hiking its dividend. Dividend Increase – Illinois Tool Works Inc (ITW) Yesterday August 2, the Board of Directors of Illinois Tool Works Inc. announced a quarterly dividend increase of from $ 1.00 to $ 1.07 per ordinary share that’s payable October 9, 2019 to holders of record September 30, 2019. 49 yrs. The Dividend Kings are a smaller group of companies with 50+ consecutive years of dividend increases. The dividend is payable Feb. 1 to shareholders of record Jan 8, with an ex-div date of Jan 7. Dividend.com: The #1 Source For Dividend Investing. Payable Oct. 9; for shareholders of record Sept. 30; ex-div Sept. 27. Explore dividend stocks. This brought the quarterly dividend to $1/share. The dividend equates to $4.56 per share on a full-year basis. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Tool Works Inc. (NYSE: ITW) authorized a 28 percent increase in the dividend payout to shareholders, representing a quarterly increase of $0.22 per share – or $0.88 per share annually – versus the current dividend rate. This action brought the stock to my radar. GLENVIEW, Ill., Aug. 07, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized an increase to the quarterly cash dividend to shareholders of $0.07 per share – or $0.28 per share annually. The dividend equates to $4.56 per share on a full-year basis. Illinois Tool Works is not just a Dividend Aristocrat, it is a Dividend King as well. Using my D4L-PreScreen.xls model, I determined the share price would need to increase to $462.34 before ITW's NPV MMA Differential decreased to the $500 minimum that I look for in a stock with 57 years of consecutive dividend increases. The yield based on the new payout is 1.3%. The dividend is payable Jan. 29 to shareholders of record Dec. 30, with an ex-div date of Dec. 29. The next in the series is Illinois Tool Works (ITW). Dividend ideas. You can see all 27 Dividend Kings here. See complete stock analysis and upcoming dividend payout for ITW. Dividend Frequency. Other Dividend Aristocrats announcing a dividend increase … The dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. The current market cap for ITW is $60.2 billion with the stock price of 6.7 percent year-to-date. Dividend calendar. Including this year's dividend hike that was just announced the average 5-year dividend growth for Illinois Tool Works is 15.7 percent. The Board also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 2020. GLENVIEW, Ill., Aug. 07, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized an increase to the quarterly cash dividend to shareholders of $0.07 per share – or $0.28 per share annually. This represents an 6.54% increase over prior dividend … Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. ITW's next quarterly dividend payment will be made to shareholders of record on Thursday, January 14. Illinois Tool Works is a dividend champion, has paid uninterrupted dividends on its common stock since 1933 and increased payments to common shareholders every year for 47 years.The most recent dividend increase was in August 2010, when the Board of Directors approved a 9.70% increase … I llinois Tool Works Inc. (ITW) will begin trading ex-dividend on September 29, 2020. Dividend Yield is the relation between a stock’s Annualized Dividend and its current stock price. Illinois Tool Works Inc. (ITW) Dividend Stock Analysis, Stocks: ITW,MTW,TKR,KDN,HIHO, release date:Oct 28, 2014 Illinois Tool Works Inc. (ITW) Dividend Stock Analysis - GuruFocus.com Dark Mode The most recent dividend increase was in August 2010, when the Board of Directors approved a 9.70% increase … Last increase refers to ex-dividend date. Explore by sector & industry. GLENVIEW, Ill., Aug. 03, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE:ITW) authorized a 28 percent increase in the dividend … Illinois Tool Works (NYSE:ITW) had declared $1.07/share quarterly dividend, 7% increase from prior dividend of $1.00. My stocks Dividend … Discover variety of stocklists. ITW's most recent quarterly dividend payment was made to shareholders of record on Wednesday, October 14. The company has grown its dividend for the last 50 consecutive years and is increasing its dividend by an average of 15.62% each year. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. Browse dividend stocks. Illinois Tool Works has a current dividend yield of 2.3%, which is slightly higher than the average for the broader S&P 500 index. The Board also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 2020. GLENVIEW, Ill., Aug. 02, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase in the dividend … The dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. The dividend equates to $4.56 per … Posted by Tristan Rich on Sep 28th, 2020 // Comments off ITW Board of Directors Approves 28 Percent Dividend Increase, Stocks: ITW, release date:Aug 03, 2018 GlobeNewsWire - 4 months ago ITW Board of Directors Approves Dividend Rate Increase The good news is that this is the company’s 2nd dividend increase this year and the total dividend growth from 2018 to 2019 will be nearly 13%. MFA Financial (MFA) recently increased its quarterly dividend 50% to $0.075 per share. GLENVIEW, Ill., Aug. 02, 2019 -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase in the dividend payout to Increase its per-share base dividend (excluding special dividends) every year for at least 25 consecutive years. Dividend yield. Illinois Tool Works is a dividend champion, has paid uninterrupted dividends on its common stock since 1933 and increased payments to common shareholders every year for 47 years. About Illinois Tool Works ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with … Illinois Tool Works is a dividend champion with a 44 year track record of annual dividend increases. Illinois Tool Works Inc. (ITW) manufactures a range of industrial products and equipment worldwide. GLENVIEW, Ill., Aug. 02, 2019 -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase in the dividend payout to shareholders,. Back in August, the company’s Board of Directors authorized a 28 percent increase in the dividend payout to shareholders. 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