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 quarterly dividend by 20 percent to $0.78 per share in 2017. Last year the diversified industrial company raised its dividend by 10 cents to 65 cents per share quarterly.

The increased dividend will be paid on Oct. 10, 2017 to shareholders of record as of Sept. 29, 2017. The ex-date for this next dividend of 78 cents is September 28, 2017.

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. llinois Tool Works Inc. was founded in 1912 and incorporated in 1915.