ITW Board of Directors Declares Quarterly Dividend

Illinois Tool Works (NYSE: ITW) declared a quarterly cash dividend of $1.61 per share for Q2 2026, equal to $6.44 per share on a full-year basis.

Rhea-AI Summary

Illinois Tool Works (NYSE: ITW) declared a quarterly cash dividend of $1.61 per share for Q2 2026, equal to $6.44 per share on a full-year basis. The dividend will be paid on July 10, 2026 to shareholders of record as of June 30, 2026.

Positive

• Quarterly dividend declared of $1.61 per share for Q2 2026
• Annualized dividend equals $6.44 per share on a full-year basis
• Payment timing set for July 10, 2026 with record date June 30, 2026

Negative

• None.

Argus May 8 session

-0.30% close to close Open Argus

Details

News Market Reaction – ITW

In the May 8 session, ITW declined 0.30%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reinforces ITW’s ongoing capital return strategy, with a Q2 2026 dividend of $1.61...

Analysis

This announcement reinforces ITW’s ongoing capital return strategy, with a Q2 2026 dividend of $1.61 per share, or $6.44 on a full‑year basis, payable on July 10, 2026 to holders of record on June 30, 2026. Historically, similar dividend and management updates produced modest price moves around -0.42%. Investors tracking this name may focus on the durability of recent Q1 2026 results, operating margins above 25%, and future dividend growth decisions.

Key Figures

Quarterly dividend: $1.61 per share Annualized dividend: $6.44 per share Dividend payment date: July 10, 2026 +5 more

Quarterly dividend

$1.61 per share

Declared for Q2 2026 common stock dividend

Annualized dividend

$6.44 per share

Full-year equivalent based on Q2 2026 rate

Dividend payment date

July 10, 2026

Payable date for Q2 2026 dividend

Record date

June 30, 2026

Shareholders of record eligible for Q2 2026 dividend

Q1 2026 revenue

$4.02 billion

First quarter 2026 revenue from recent results

Q1 2026 GAAP EPS

$2.66

First quarter 2026 earnings per share

Q1 2026 operating margin

25.4%

Operating margin reported for Q1 2026

2025 revenue

$16 billion

Full-year 2025 revenue from proxy statement

Previous Management,dividends Reports

5 past events · Latest: Feb 13

Same Type 5 events

1. Feb 13

   Quarterly dividend

   24h Move

   +0.4%

   Declared Q1 2026 dividend of $1.61 per share, $6.44 annualized.

2. Oct 29

   Quarterly dividend

   24h Move

   -1.6%

   Declared Q4 2025 dividend of $1.61 per share, $6.44 annualized.

3. Aug 01

   Dividend increase

   24h Move

   -1.4%

   Approved 7% increase, raising quarterly dividend to $1.61 per share.

4. May 02

   Quarterly dividend

   24h Move

   +1.3%

   Declared Q2 2025 dividend of $1.50 per share, $6.00 annual rate.

5. Feb 14

   Quarterly dividend

   24h Move

   -0.8%

   Declared Q1 2025 dividend of $1.50 per share, $6.00 annual rate.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GLENVIEW, Ill., May 08, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.61 per share for the second quarter of 2026. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on July 10, 2026 to shareholders of record as of June 30, 2026.

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 300 global multi-industrial manufacturing leader with revenue of $16 billion in 2025. 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 43,000 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did ITW declare for Q2 2026?

The company declared a $1.61 per share quarterly dividend for Q2 2026. According to the company, this dividend annualizes to $6.44 per share on a full-year basis and is payable July 10, 2026.

When will ITW pay the Q2 2026 dividend and who is eligible?

ITW will pay the dividend on July 10, 2026. According to the company, shareholders of record as of June 30, 2026 are eligible to receive the payment.

How is ITW's announced dividend calculated on an annual basis?

The quarterly dividend of $1.61 multiplies to an annualized amount of $6.44 per share. According to the company, that is the full-year equivalent based on the declared quarterly rate.

What actions should ITW shareholders take before the June 30, 2026 record date?

Shareholders should ensure they hold ITW shares by the June 30, 2026 record date to receive the dividend. According to the company, being on the shareholder register by that date determines eligibility for the July 10 payment.