Illinois Tool Works (ITW) Dividend History
DivTrkr holds 159 recorded ITW dividend payments, running from January 30, 1987 to June 30, 2026 — 40 calendar years. Together those payments total $66.56 per share. ITW has most often paid quarterly.
ITW has increased its payment rate for 38 consecutive complete years.
Over the last five complete years the ITW payment rate compounded at +7.1% a year, and +11.6% a year over the last ten. That is what the payments actually did; it is not a forecast.
Across 40 years of recorded history, ITW's payment rate has never fallen materially from one complete year to the next.
ITW dividends by year
| Year | Total paid per share | Payments | Median payment | Growth |
|---|---|---|---|---|
| 2025 | $6.22 | 4 | $1.56 | +7.2% |
| 2024 | $5.80 | 4 | $1.45 | +7.0% |
| 2023 | $5.42 | 4 | $1.35 | +7.1% |
| 2022 | $5.06 | 4 | $1.27 | +7.2% |
| 2021 | $4.72 | 4 | $1.18 | +6.8% |
| 2020 | $4.42 | 4 | $1.10 | +6.8% |
| 2019 | $4.14 | 4 | $1.04 | +16.3% |
| 2018 | $3.56 | 4 | $0.890 | +24.5% |
| 2017 | $2.86 | 4 | $0.715 | +19.2% |
| 2016 | $2.40 | 4 | $0.600 | +15.9% |
| 2015 | $2.07 | 4 | $0.518 | +14.4% |
| 2014 | $1.81 | 4 | $0.453 | +13.1% |
| 2013 | $1.60 | 4 | $0.400 | +8.1% |
| 2012 | $1.48 | 4 | $0.370 | +5.7% |
| 2011 | $1.40 | 4 | $0.350 | +7.7% |
| 2010 | $1.30 | 4 | $0.325 | +4.8% |
| 2009 | $1.24 | 4 | $0.310 | +5.1% |
| 2008 | $1.18 | 4 | $0.295 | +20.4% |
| 2007 | $0.980 | 4 | $0.245 | +16.7% |
| 2006 | $0.915 | 4 | $0.210 | +37.7% |
| 2005 | $0.610 | 4 | $0.153 | +17.3% |
| 2004 | $0.520 | 4 | $0.130 | +10.6% |
| 2003 | $0.470 | 4 | $0.117 | +6.8% |
| 2002 | $0.445 | 4 | $0.110 | +4.8% |
| 2001 | $0.420 | 4 | $0.105 | +10.5% |
| 2000 | $0.380 | 4 | $0.0950 | +15.2% |
| 1999 | $0.330 | 4 | $0.0825 | +22.2% |
| 1998 | $0.270 | 4 | $0.0675 | +12.5% |
| 1997 | $0.227 | 4 | $0.0600 | +33.3% |
| 1996 | $0.180 | 4 | $0.0450 | +12.5% |
| 1995 | $0.160 | 4 | $0.0400 | — |
| 1994 | $0.173 | 5 (timing) | $0.0325 | — |
| 1993 | $0.122 | 4 | $0.0300 | +9.1% |
| 1992 | $0.113 | 4 | $0.0275 | +10.0% |
| 1991 | $0.1000 | 4 | $0.0250 | +21.2% |
| 1990 | $0.0825 | 4 | $0.0206 | +22.2% |
| 1989 | $0.0675 | 4 | $0.0169 | +22.7% |
| 1988 | $0.0550 | 4 | $0.0138 | +15.8% |
| 1987 | $0.0425 | 4 | $0.0119 | — |
How this growth is measured
Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.
Years marked “timing” booked a different number of payments than ITW's usual cadence, so their total is not directly comparable with neighbouring years.
Recent ITW dividend payments
| Ex-dividend date | Amount per share |
|---|---|
| June 30, 2026 | $1.61 |
| March 31, 2026 | $1.61 |
| December 31, 2025 | $1.61 |
| September 30, 2025 | $1.61 |
| June 30, 2025 | $1.50 |
| March 31, 2025 | $1.50 |
| December 31, 2024 | $1.50 |
| September 30, 2024 | $1.50 |
| June 28, 2024 | $1.40 |
| March 27, 2024 | $1.40 |
| December 28, 2023 | $1.40 |
| September 28, 2023 | $1.40 |
| June 29, 2023 | $1.31 |
| March 30, 2023 | $1.31 |
| December 29, 2022 | $1.31 |
| September 29, 2022 | $1.31 |
| June 29, 2022 | $1.22 |
| March 30, 2022 | $1.22 |
| December 30, 2021 | $1.22 |
| September 29, 2021 | $1.22 |
| June 29, 2021 | $1.14 |
| March 30, 2021 | $1.14 |
| December 30, 2020 | $1.14 |
| September 29, 2020 | $1.14 |
| June 29, 2020 | $1.07 |
| March 30, 2020 | $1.07 |
| December 30, 2019 | $1.07 |
| September 27, 2019 | $1.07 |
| June 27, 2019 | $1.00 |
| March 28, 2019 | $1.00 |
| December 28, 2018 | $1.00 |
| September 27, 2018 | $1.00 |
| June 28, 2018 | $0.780 |
| March 28, 2018 | $0.780 |
| December 28, 2017 | $0.780 |
| September 28, 2017 | $0.780 |
| June 28, 2017 | $0.650 |
| March 29, 2017 | $0.650 |
| December 28, 2016 | $0.650 |
| September 28, 2016 | $0.650 |
| June 28, 2016 | $0.550 |
| March 29, 2016 | $0.550 |
| December 29, 2015 | $0.550 |
| September 28, 2015 | $0.550 |
| June 26, 2015 | $0.485 |
| March 27, 2015 | $0.485 |
| December 29, 2014 | $0.485 |
| September 26, 2014 | $0.485 |
| June 26, 2014 | $0.420 |
| March 27, 2014 | $0.420 |
| December 27, 2013 | $0.420 |
| September 26, 2013 | $0.420 |
| June 26, 2013 | $0.380 |
| March 26, 2013 | $0.380 |
| December 14, 2012 | $0.380 |
| September 26, 2012 | $0.380 |
| June 27, 2012 | $0.360 |
| March 28, 2012 | $0.360 |
| December 28, 2011 | $0.360 |
| September 28, 2011 | $0.360 |
Showing the 60 most recent of 159 recorded payments. The full log is on the page.
ITW dividend history questions
How many dividends has ITW paid?
DivTrkr has 159 recorded ITW dividend payments between January 30, 1987 and June 30, 2026, totalling $66.56 per share across 40 calendar years.
Has ITW ever cut its dividend?
Not in the history DivTrkr holds. Across 40 years of recorded payments the per-payment rate has never fallen by a material amount from one complete year to the next.
How fast is the ITW dividend growing?
The ITW payment rate compounded at +7.1% a year over the last five complete years and +11.6% a year over the last ten.
How often does ITW pay a dividend?
ITW has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.
See the current ITW dividend yield and next ex-dividend date, or track ITW free with DivTrkr to see what this history pays on your own share count.