Illinois Tool Works As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ITW $5.60 6.9% 7.4% 7.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Industrial Products 2.4% 52 7.0% Quarter N/A

Illinois Tool Works (ITW) will raise its dividend by 15.5 percent to $0.485 per share quarterly in 2014. Last year the dividend was hiked by 10.5 percent to 42 cents per share quarterly.

The next dividend will be paid on October 7, 2014 to shareholders of record as of September 30, 2014. The ex-date for this next dividend of 48.5 cents is September 26, 2014.

Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. Its products include fasteners, components, equipment, consumable systems, and a variety of specialty products and equipment. The Company operates through seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products and Specialty Products.