Home » World » Illinois Tool Works Stock: Uncertainty Ahead?

Illinois Tool Works Stock: Uncertainty Ahead?

Illinois Tool Works (ITW) Declares ‍$1.50 Quarterly Dividend for ⁢2025

Published:

ITW Board Announces Dividend⁣ on Common Stock

Glenview, Ill. – On February 14,‌ 2025, the Board of Directors of Illinois Tool Works⁢ Inc. (NYSE: ITW) ​ announced a dividend for the first quarter of 2025. The board declared a dividend on the company’s common stock of $1.50 per‍ share.

This quarterly dividend equates to an annual dividend of $6.00 per share, reinforcing ITW’s commitment to delivering value ​to its shareholders.

Dividend ⁣Details: Payout and Record Date

The declared dividend⁢ of $1.50 per share‍ is scheduled to be paid​ on April 10, 2025. To be eligible for this dividend, shareholders must have been on record as of March 31, 2025.

According to MarketBeat,‌ the next quarterly payment of $1.50 per ⁢share is scheduled for Thursday, April 10, to investors who own the stock before the ex-dividend date of Monday, March 31.

Consistent Dividend Growth

Illinois Tool Works has demonstrated a strong track record ‌of⁢ increasing its dividend payments. MarketBeat reports that ITW has grown its dividend for 55 consecutive‌ years, wiht an average annual increase of 2.32%.

ITW Stock Performance

recent trading activity shows Illinois Tool Works stock up 1.5 %. On Tuesday, shares ⁣of NYSE: ITW traded up $3.92, reaching $262.03. ‍The trading volume was 817,587 shares, compared to its average volume of 974,406.

The stock’s 52-week range is between a⁤ low of $232.77 and a high of $279.13.

Dividend Yield

With an annual dividend of​ $6.00‍ per share, Illinois Tool Works’ dividend yield for‌ 2025 is 2.18%,according to ‍MarketBeat.

Summary of Key Dates

  • Dividend ⁤Declaration Date: February 14,2025
  • Record Date: March ‌31,2025
  • Payment Date: April 10,2025
  • Quarterly Dividend: $1.50 per share
  • Annual Dividend: ⁤ $6.00 per share

Illinois Tool works (ITW) Dividend ⁢Announcement: Key‌ Investor Questions Answered

Illinois Tool Works⁢ (ITW) has announced its ⁣first-quarter​ dividend for 2025. This Q&A provides investors with essential information regarding the dividend, its history, and ITW’s stock performance.

1. What is ‍the current dividend declared by Illinois ⁢Tool Works (ITW)?

The Board of Directors of Illinois Tool Works⁢ (ITW) declared a quarterly ‍dividend of $1.50 ⁤per share on​ its common stock for the‍ first quarter of 2025. This was announced on February 14, 2025.

2. What is the annual​ dividend for ITW shareholders in 2025?

The quarterly dividend of $1.50⁤ translates to an annual⁣ dividend of $6.00 per share.

3. When will the 2025 Q1 ITW dividend be paid?

The dividend is scheduled to​ be paid ‌on April 10, 2025.

4. What is the record date for the upcoming ITW dividend?

To be eligible for the dividend payment, you must‌ have been a shareholder of record as of March 31, 2025.

5. What is the dividend yield for Illinois Tool Works ⁢(ITW) in 2025?

Based on the ⁣annual dividend of $6.00 per share, the dividend yield for ITW in 2025 is 2.18%. This ⁣yield is calculated using MarketBeat Data.

6. Has ITW ⁤consistently⁢ increased​ its dividend payments?

Yes, Illinois Tool Works has ⁣a strong history of ⁢dividend growth. ITW has increased its dividend ‍for 55 consecutive years. the average ⁢annual increase has been 2.32%, according to MarketBeat.

7. How has ​ITW stock performed recently?

Recent trading ⁢activity on Tuesday, March 11, 2025, ⁣showed ITW stock ⁤up 1.5%, or $3.92, reaching $262.03. The trading volume was 817,587 shares, which is less than its average volume of 974,406.

8. What is ITW’s 52-week stock price range?

ITW’s stock⁢ has ⁣traded between a low of $232.77 and a high of‌ $279.13 over the past 52 weeks.

9.What is the ex-dividend date for ITW?

According to MarketBeat, the ex-dividend date is Monday, March 31. To receive the dividend, you need to purchase the stock before this date.

10. How many dividends does ITW typically pay per year?

Illinois Tool Works typically pays 4 dividends per year,excluding any‌ potential special dividends. according to DividendMax, the dividend cover is approximately 1.9.

Key Dates and Figures⁤ for ITW’s 2025 dividend

| Metric ⁢ ⁢ | Value ⁤ ⁤ ⁣ |​ date ​ |

| ———————-​ | ——————- | —————- |

| Declaration Date | N/A ⁣ | ⁢February⁢ 14,2025 |

| Record Date ⁣ | N/A ⁢ ​| March 31, 2025 |

| Payment Date | N/A ⁢ ‌ ⁤ | April 10, 2025 |

| Quarterly‌ Dividend | $1.50 per share | N/A ⁤ ​ |

| Annual Dividend ⁤ | $6.00 per share | N/A ⁢ |

| Dividend Yield | 2.18% ‍ | N/A ‌ |

This information provides a snapshot of ⁢ITW’s commitment to returning value to its shareholders‍ through consistent dividend payments‌ and growth.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.