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 current market cap for ITW is $60.2 billion with the stock price of 6.7 percent year-to-date. 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 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 … The Board also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 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. (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 dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. Illinois Tool Works Inc. (NYSE:ITW) Declares Dividend Increase – $1.14 Per Share. ... Illinois Tool Works Inc. NYSE: ITW $203.82 up $0.69 You can see all 27 Dividend Kings here. Quarterly. 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. The Board also declared a dividend on the company's common stock of $1.14 per share for the third quarter of 2020. The most recent dividend increase was in August 2010, when the Board of Directors approved a 9.70% increase … See upcoming ex-dates. Last increase refers to ex-dividend date. 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 yield based on the new payout is 1.3%. Dividend ideas. My stocks Dividend … Illinois Tool Works (NYSE:ITW) had declared $1.07/share quarterly dividend, 7% increase from prior dividend of $1.00. Back in August, the company’s Board of Directors authorized a 28 percent increase in the dividend payout to shareholders. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. 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. This brought the quarterly dividend to $1/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 shareholders,. The dividend equates to $4.56 per share on a full-year basis. ITW Board of Directors Approves 28 Percent Dividend Increase, Stocks: ITW, release date:Aug 03, 2018 MFA Financial (MFA) recently increased its quarterly dividend 50% to $0.075 per share. About Illinois Tool Works ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with … ITW's most recent quarterly dividend payment was made to shareholders of record on Wednesday, October 14. Dividend Frequency. At that price the stock would yield 1.0%. GlobeNewsWire - 4 months ago ITW Board of Directors Approves Dividend Rate Increase This action brought the stock to my radar. The Board declared a dividend on the company's common stock of $1.00 per share for the third quarter of 2018. Each year, we review all 57 Dividend Aristocrats. Dividend calendar. 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. 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. Dividend yield. Illinois Tool Works is a dividend champion with a 44 year track record of annual dividend increases. 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 … 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 Illinois Tool Works pays an annual dividend of $4.56 per share, with a dividend yield of 2.24%. 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 Dividend Kings are a smaller group of companies with 50+ consecutive years of dividend increases. 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. Other Dividend Aristocrats announcing a dividend increase … 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 See complete stock analysis and upcoming dividend payout for ITW. Explore dividend stocks. Payable Oct. 9; for shareholders of record Sept. 30; ex-div Sept. 27. Browse dividend stocks. 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. 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 The dividend will be paid on Wednesday, October 14, 2020, to shareholders of record as of September 30, 2020. 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. 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 dividend is payable Jan. 29 to shareholders of record Dec. 30, with an ex-div date of Dec. 29. 49 yrs. ITW's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! The dividend equates to $4.56 per … Explore by sector & industry. 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 Posted by Tristan Rich on Sep 28th, 2020 // Comments off Increase its per-share base dividend (excluding special dividends) every year for at least 25 consecutive years. 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 Inc dividends. The dividend is payable Feb. 1 to shareholders of record Jan 8, with an ex-div date of Jan 7. Illinois Tool Works is not just a Dividend Aristocrat, it is a Dividend King as well. The next in the series is Illinois Tool Works (ITW). ITW's next quarterly dividend payment will be made to shareholders of record on Thursday, January 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. Illinois Tool Works Inc. (ITW) manufactures a range of industrial products and equipment worldwide. 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. Dividend.com: The #1 Source For Dividend Investing. The dividend equates to $4.56 per share on a full-year basis. Discover variety of stocklists. 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