ITW Board of Directors Declares Quarterly Dividend

Rhea-AI Summary

Illinois Tool Works (NYSE: ITW) has announced its quarterly dividend payment for Q2 2025. The company's Board of Directors has declared a dividend of $1.50 per share on its common stock, which translates to an annual dividend rate of $6.00 per share. The dividend will be distributed on July 11, 2025, to shareholders who are recorded as stockholders as of June 30, 2025.

News Market Reaction – ITW

+1.29%

+1.29% Session move

In the trading session that priced this news, ITW gained 1.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GLENVIEW, Ill., May 02, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.50 per share for the second quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on July 11, 2025 to shareholders of record as of June 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 quarterly dividend payment for Q2 2025?

ITW's quarterly dividend payment for Q2 2025 is $1.50 per share.

When will ITW pay its Q2 2025 dividend?

ITW will pay its Q2 2025 dividend on July 11, 2025, to shareholders of record as of June 30, 2025.

What is ITW's annual dividend rate for 2025?

ITW's annual dividend rate is $6.00 per share, based on the quarterly dividend of $1.50.

What is the record date for ITW's Q2 2025 dividend?

The record date for ITW's Q2 2025 dividend is June 30, 2025.