ITW

Illinois Tool Works Inc • NYSE

ITW Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Illinois Tool Works Inc. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price

$257.43

1.17% today

Dividend Income Calculator

Adjust parameters to see how your investment grows

Number of Shares

Investment value: $25,743.00

...OR Amount Invested ($)

Shares: 100

Holding Period: 10 years

1 Year

15 Years

30 Years

Expected Dividend Growth (CAGR): 6.41%

0% (No Growth)

10%

20%

Expected Price Growth: 5%

0% (No Growth)

10%

20%

DRIP (Reinvest Dividends)

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Annual Contributions

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Dividend Tax Rate: 15%Qualified

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is ITW a Good Investment for 2026?

Based on the current price of $257.43, ITW offers a solid dividend yield of 2.5%. This is higher than the S&P 500 average.

Historically, Illinois Tool Works Inc has raised its payouts by an average of 6.4% annually over the last 5 years.

With a payout ratio of 43%, the dividend appears safe.

ITW vs Popular Alternatives

ETF / Stock	Current Yield	5Y Dividend Growth
ITW Illinois Tool Works Inc	6.44%	6.4%	ACTIVE
CAT Caterpillar Inc	6.52%	7.1%	Calculate →
LMT Lockheed Martin Corporation	13.8%	5.4%	Calculate →
UPS United Parcel Service, Inc	6.56%	10.2%	Calculate →

Frequently Asked Questions about ITW

How much does ITW pay per share?

ITW currently pays an annual dividend of $6.44 per share, distributed quarterly.

When is the next ex-dividend date for ITW?

The next ex-dividend date for ITW is expected to be June 30, 2026. To receive the payment, you must own the stock before this date.

Is ITW a good dividend stock?

ITW has a dividend yield of 2.50% and has grown its dividend for 30 years. Its payout ratio is 43%, indicating strong dividend sustainability.

Your Annual Dividend Income

$547.40

Monthly: $45.62

Value after 10 Years:$51,883.11

Future Yield on Cost:5.8%

Total Dividends Earned:$8,179.51

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ITW Dividend Health Check

Dividend Yield2.5%

Moderate Yield

Payout Safety

Safe

Payout ratio: 42.9%

Growth Streak30+ Years

Consistent annual dividend increases

Dividend Aristocrat

Payment FrequencyQuarterly

4 payments per year

Next expected payment:

July 10, 2026