ITW Board of Directors Declares Quarterly Dividend

Illinois Tool Works (NYSE: ITW) declared a quarterly cash dividend of $1.61 per share for Q1 2026, equal to an annualized $6.44 per share.

Rhea-AI Summary

Illinois Tool Works (NYSE: ITW) declared a quarterly cash dividend of $1.61 per share for Q1 2026, equal to an annualized $6.44 per share.

The dividend will be paid on April 9, 2026 to shareholders of record as of March 31, 2026.

Positive

• Quarterly dividend of $1.61 per share
• Annualized dividend of $6.44 per share

Negative

• None.

Argus Feb 13 session

+0.37% close to close Open Argus

Details

News Market Reaction – ITW

On Feb 13, the day this news came out, ITW closed 0.37% above the previous close.

Data tracked by StockTitan Argus for the Feb 13 session.

Key Figures

Quarterly dividend: $1.61 per share Annualized dividend: $6.44 per share Prior dividend increase: 7% increase +5 more

Quarterly dividend

$1.61 per share

Declared for first quarter of 2026

Annualized dividend

$6.44 per share

Full-year basis implied by Q1 2026 dividend

Prior dividend increase

7% increase

Board-approved raise to $1.61 per share in Q3 2025

Dividend raise amount

$0.11 per share

Increase from $1.50 to $1.61 in Q3 2025

Current share price

$298.51

Pre-dividend-announcement market context

52-week range

$214.66 – $303.155

ITW trading near upper end of range

Market cap

$86,470,107,000

Equity value prior to this dividend news

Record date

March 31, 2026

Shareholders of record eligible for Q1 2026 dividend

Previous Management,dividends Reports

5 past events · Latest: Oct 29

Same Type 5 events

1. Oct 29

   Quarterly dividend

   24h Move

   -1.6%

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

2. Aug 01

   Dividend increase

   24h Move

   -1.4%

   Board approved 7% increase, lifting quarterly dividend to $1.61 per share.

3. May 02

   Quarterly dividend

   24h Move

   +1.3%

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

4. Feb 14

   Quarterly dividend

   24h Move

   -0.8%

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

5. Oct 24

   Quarterly dividend

   24h Move

   -0.3%

   Declared Q4 2024 dividend of $1.50 per share, $6.00 annualized.

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

Key Terms

shareholders of record

1 terms

shareholders of record financial

"The dividend will be paid on April 9, 2026 to shareholders of record as of March 31, 2026."

Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

GLENVIEW, Ill., Feb. 13, 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 first quarter of 2026. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on April 9, 2026 to shareholders of record as of March 31, 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 Q1 2026 and when is the payment date?

ITW declared a $1.61 per share quarterly dividend, payable on April 9, 2026. According to the company, shareholders of record as of March 31, 2026 will receive the payment.

What is the annualized dividend for ITW after the Q1 2026 declaration?

The annualized dividend equals $6.44 per share based on the declared quarterly rate. According to the company, this reflects four times the $1.61 quarterly dividend.

Who is eligible to receive the ITW dividend paid April 9, 2026?

Shareholders of record as of March 31, 2026 are eligible for the dividend paid on April 9, 2026. According to the company, being on record by that date determines payment eligibility.

How much cash per share will ITW pay to shareholders on April 9, 2026?

ITW will pay $1.61 per share in cash on April 9, 2026 to eligible shareholders. According to the company, the payment follows the Board's declaration of the Q1 2026 dividend.

When is the record date for ITW's Q1 2026 dividend and why does it matter?

The record date is March 31, 2026; shareholders recorded then will receive the dividend. According to the company, the record date establishes which investors are entitled to the April 9, 2026 payment.

Does ITW's Q1 2026 dividend announcement change the annual dividend guidance?

The Q1 dividend sets an implied annual run rate of $6.44 per share based on four quarters at $1.61. According to the company, the declaration reflects the Board's current decision for Q1 2026 dividends.