Illinois Tool Works

S&P 500 Large-Cap Stocks Blue Chip Stocks Best Dividend Stocks Monthly Dividend Payers

$261.64

-3.67 (-1.38%)

As of Jun 23, 9:32 PM ET ·

Dividend Overview

2.44%

Dividend Yield

+1.14% 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$261.64

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 $261.64/share

Monthly

$19.40

Quarterly

$58.21

Annually

$232.85

38 shares Based on current price of $261.64 per share

To earn $100/month in dividends

You would need 196 shares

$51,281.44

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.	0.66%	$5.83	30.9%	$984.24
DE Deere & Co	1.10%	$6.35	34.2%	$591.94
PH Parker Hannifin Corp	0.84%	$6.75	24.4%	$947.58
CMI Cummins Inc	1.12%	$7.66	37.1%	$699.05
ITW Illinois Tool Works	2.44%	$6.13	58.2%	$261.64
PCAR Paccar Inc	1.18%	$4.32	95.4%	$116.78
WAB Wabtec Corp	0.47%	$1.01	14.8%	$270.26
IR Ingersoll-Rand Inc	0.10%	$0.08	5.5%	$76.64
DOV Dover Corp	0.93%	$2.08	25.9%	$223.54
OTIS Otis Worldwide Corp	2.40%	$1.64	46.8%	$71.75