ITW Board of Directors Approves Dividend Rate Increase

Rhea-AI Summary

Illinois Tool Works (NYSE: ITW) announced a significant dividend increase for shareholders. The Board of Directors approved a 7% increase in the quarterly dividend, raising it by $0.11 per share to $1.61 per share for Q3 2025. This increase brings the annual dividend to $6.44 per share.

The Q3 2025 dividend will be paid on October 10, 2025 to shareholders of record as of September 30, 2025.

Positive

• Dividend increased by 7%, showing strong commitment to shareholder returns
• Quarterly dividend raised by $0.11 to $1.61 per share
• Annual dividend payout increased to $6.44 per share

Negative

• None.

News Market Reaction

-1.43%

1 alert

-1.43% News Effect

On the day this news was published, ITW declined 1.43%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GLENVIEW, Ill., Aug. 01, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.11 per share – or $0.44 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.61 per share for the third quarter of 2025. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on October 10, 2025 to shareholders of record as of September 30, 2025.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 44,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Investor Relations & Media Contact:
Erin Linnihan
Tel: 224.661.7431
investorrelations@itw.com | mediarelations@itw.com

FAQ

What is ITW's new quarterly dividend for Q3 2025?

ITW's new quarterly dividend is $1.61 per share, representing a 7% increase from the previous rate.

When will ITW pay its Q3 2025 dividend?

ITW will pay its Q3 2025 dividend on October 10, 2025 to shareholders of record as of September 30, 2025.

How much did ITW increase its dividend payment?

ITW increased its quarterly dividend by $0.11 per share, which amounts to a $0.44 increase per share annually.

What is ITW's annual dividend rate for 2025?

ITW's new annual dividend rate is $6.44 per share, following the 7% increase.

What is the record date for ITW's Q3 2025 dividend?

The record date for ITW's Q3 2025 dividend is September 30, 2025.