The dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. Dividend yield. 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. Including this year's dividend hike that was just announced the average 5-year dividend growth for Illinois Tool Works is 15.7 percent. 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. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. Browse dividend stocks. At that price the stock would yield 1.0%. The dividend is payable Jan. 29 to shareholders of record Dec. 30, with an ex-div date of Dec. 29. 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 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. Illinois Tool Works Inc. (ITW) manufactures a range of industrial products and equipment worldwide. The Dividend Kings are a smaller group of companies with 50+ consecutive years of dividend increases. ... Illinois Tool Works Inc. NYSE: ITW $203.82 up $0.69 Dividend calendar. About Illinois Tool Works ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with … GlobeNewsWire - 4 months ago ITW Board of Directors Approves Dividend Rate Increase The current market cap for ITW is $60.2 billion with the stock price of 6.7 percent year-to-date. Other Dividend Aristocrats announcing a dividend increase … 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. 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 has a current dividend yield of 2.3%, which is slightly higher than the average for the broader S&P 500 index. 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 also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 2020. This represents an 6.54% increase over prior dividend … 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 Payable Oct. 9; for shareholders of record Sept. 30; ex-div Sept. 27. See upcoming ex-dates. 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, Illinois Tool Works is a dividend champion with a 44 year track record of annual dividend increases. Discover variety of stocklists. 49 yrs. The Board also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 2020. The next in the series is Illinois Tool Works (ITW). Illinois Tool Works is not just a Dividend Aristocrat, it is a Dividend King as well. Illinois Tool Works pays an annual dividend of $4.56 per share, with a dividend yield of 2.24%. Explore dividend stocks. ITW's most recent quarterly dividend payment was made to shareholders of record on Wednesday, October 14. 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. 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,. The dividend equates to $4.56 per share on a full-year basis. This brought the quarterly dividend to $1/share. Dividend ideas. Each year, we review all 57 Dividend Aristocrats. The dividend is payable Feb. 1 to shareholders of record Jan 8, with an ex-div date of Jan 7. You can see all 27 Dividend Kings here. 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 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. 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 … My stocks Dividend … The Board declared a dividend on the company's common stock of $1.00 per share for the third quarter of 2018. Explore by sector & industry. Illinois Tool Works Inc dividends. 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. Last increase refers to ex-dividend date. The dividend equates to $4.56 per … Dividend Frequency. 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%. The most recent dividend increase was in August 2010, when the Board of Directors approved a 9.70% increase … Quarterly. The dividend equates to $4.56 per share on a full-year basis. Illinois Tool Works Inc. (NYSE:ITW) Declares Dividend Increase – $1.14 Per Share. The yield based on the new payout is 1.3%. Increase its per-share base dividend (excluding special dividends) every year for at least 25 consecutive years. Back in August, the company’s Board of Directors authorized a 28 percent increase in the dividend payout to shareholders. Posted by Tristan Rich on Sep 28th, 2020 // Comments off See complete stock analysis and upcoming dividend payout for ITW. 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 ITW's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Illinois Tool Works (NYSE:ITW) had declared $1.07/share quarterly dividend, 7% increase from prior dividend of $1.00. About Illinois Tool Works (ITW) ITW is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. 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. ITW's next quarterly dividend payment will be made to shareholders of record on Thursday, January 14. 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. This action brought the stock to my radar. Dividend.com: The #1 Source For Dividend Investing. 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. GLENVIEW, Ill., Aug. 02, 2019 -- The Board of Directors of Illinois Tool Works Inc. 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