Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Illinois Tool Works (ITW) — Dividend Profile
Industrials·Industrial Machinery/Components
Dividend KingS&P 500 Aristocrat11y payment streakActiveQuarterly
Forward Yield
2.56%
@ $251.12
TTM Yield
1.92%
Forward Annual
$6.44
Quarterly
Market Cap
$72.0b
Payout (FCF)
66%
1.5x covered
Payout (Earnings)
58%
Latest Amount
$1.6100
Ex 2026-03-31
3y CAGR
-33.3%
5y CAGR
-19.4%
10y CAGR
-1.4%
Next Ex-Date
2026-06-30
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (14.23)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (61.1%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
5/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
1.53×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
⚠ Fired
6m return < -25%
Current 6m return: +0.7%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
-0.39%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
92%
22 of 24 events recovered within 90 days
Median Recovery Time
6 days
1 – 8 days IQR
Avg Capture Yield
0.59%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (38)
Ex-Date▼AmountFrequencyPay DateType
2026-06-30$1.6100Quarterly2026-07-10recurring
2026-03-31$1.6100Quarterly2026-04-09recurring
2025-12-31$1.6100Quarterly2026-01-09recurring
2025-09-30$1.6100Quarterly2025-10-10recurring
2025-03-31$1.5000Quarterly2025-04-10recurring
2024-12-31$1.5000Quarterly2025-01-10recurring
2024-09-30$1.5000Quarterly2024-10-11recurring
2024-06-28$1.4000Quarterly2024-07-11recurring
2024-03-27$1.4000Quarterly2024-04-11recurring
2023-12-28$1.4000Quarterly2024-01-11recurring
2023-09-28$1.4000Quarterly2023-10-12recurring
2023-06-29$1.3100Quarterly2023-07-13recurring
2023-03-30$1.3100Quarterly2023-04-13recurring
2022-12-29$1.3100Quarterly2023-01-12recurring
2022-09-29$1.3100Quarterly2022-10-14recurring
2022-06-29$1.2200Quarterly2022-07-14recurring
2022-03-30$1.2200Quarterly2022-04-14recurring
2021-12-30$1.2200Quarterly2022-01-14recurring
2021-09-29$1.2200Quarterly2021-10-14recurring
2021-06-29$1.1400Quarterly2021-07-15recurring
2021-03-30$1.1400Quarterly2021-04-14recurring
2020-12-30$1.1400Quarterly2021-01-14recurring
2020-09-29$1.1400Quarterly2020-10-14recurring
2020-06-29$1.0700Quarterly2020-07-15recurring
2020-03-30$1.0700Quarterly2020-04-15recurring
2019-12-30$1.0700Quarterly2020-01-15recurring
2019-09-27$1.0700Quarterly2019-10-09recurring
2019-03-28$1.0000Quarterly2019-04-10recurring
2018-12-28$1.0000Quarterly2019-01-10recurring
2018-09-27$1.0000Quarterly2018-10-09recurring
2018-06-28$0.7800Quarterly2018-07-11recurring
2018-03-28$0.7800Quarterly2018-04-10recurring
2017-09-28$0.7800Quarterly2017-10-10recurring
2017-06-28$0.6500Quarterly2017-07-12recurring
2017-03-29$0.6500Quarterly2017-04-11recurring
2016-12-28$0.6500Quarterly2017-01-11recurring
2016-09-28$0.6500Quarterly2016-10-06recurring
2016-06-28$0.5500Quarterly2016-07-08recurring
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