$296.66
+1.96 (+0.67%)
As of Aug 8, 1:02 AM ET ·
Dividend Overview
2.19%
Dividend Yield
+0.89% vs S&P 500 avg
$6.13
Annual Dividend
Per Payment$0.51
Frequencymonthly
Payout Ratio58.2%
Ex-DividendApr 7, 2026
Pay DateApr 17, 2026
Stock Price$296.66
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in ITW at $296.66/share
Monthly
$16.85
Quarterly
$50.55
Annually
$202.21
33 shares Based on current price of $296.66 per share
To earn $100/month in dividends
You would need 196 shares
$58,145.36
investment needed
Dividend Safety
Safe 58.2% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Machinery
Stock Yield Annual Div Payout Ratio Price
CAT
Caterpillar Inc.
0.76% $5.83 30.9% $842.19
DE
Deere & Co
1.05% $6.35 34.2% $620.83
PH
Parker Hannifin Corp
0.75% $7.41 25.7% $1,073.87
CMI
Cummins Inc
1.37% $7.66 37.1% $644.26
ITW
Illinois Tool Works
2.19% $6.13 58.2% $296.66
PCAR
Paccar Inc
1.06% $4.32 95.4% $133.11
WAB
Wabtec Corp
0.42% $1.01 14.8% $291.81
IR
Ingersoll-Rand Inc
0.09% $0.08 5.5% $86.97
DOV
Dover Corp
0.99% $2.08 25.9% $211.13
OTIS
Otis Worldwide Corp
2.38% $1.64 46.8% $73.99