ITW Board of Directors Declares Quarterly Dividend

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.

News Market Reaction – ITW

+0.37%

1 alert

+0.37% News Effect

On the day this news was published, ITW gained 0.37%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

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

8 metrics

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

Market Reality Check

Price: $282.51 Vol: Volume 2,008,292 is 21% a...

normal vol

$282.51 Last Close

Volume Volume 2,008,292 is 21% above the 20-day average of 1,657,636, indicating elevated interest into the dividend announcement. normal

Technical Shares at $298.51 trade 1.53% below the 52-week high of $303.155 and above the 200-day MA of $254.43, reflecting a strong pre-existing uptrend.

Peers on Argus

ITW is up 0.15% while key peers EMR (-6.91%), PH (-1.83%), AME (-3.99%), ETN (-2...

ITW is up 0.15% while key peers EMR (-6.91%), PH (-1.83%), AME (-3.99%), ETN (-2.42%) and CMI (-1.81%) trade lower, pointing to a stock-specific response to the dividend news rather than a sector-wide move.

Previous Management,dividends Reports

5 past events · Latest: Oct 29 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Oct 29	Quarterly dividend	Positive	-1.6%	Board declared Q4 2025 dividend of $1.61 per share, annualized $6.44.
Aug 01	Dividend increase	Positive	-1.4%	Board approved 7% increase, lifting quarterly dividend to $1.61 per share.
May 02	Quarterly dividend	Positive	+1.3%	Declared Q2 2025 dividend of $1.50 per share, $6.00 annual rate.
Feb 14	Quarterly dividend	Positive	-0.8%	Announced Q1 2025 dividend of $1.50 per share, $6.00 annual rate.
Oct 24	Quarterly dividend	Positive	-0.3%	Declared Q4 2024 dividend of $1.50 per share, $6.00 annualized.

Pattern Detected

Dividend-related announcements have generally been positive for shareholders, yet ITW has often seen modest negative next-day moves on such news, with an average reaction of about -0.55% across recent dividend events.

Recent Company History

Over the past year, ITW has steadily raised and then maintained its dividend, moving from $1.50 to $1.61 per share quarterly, equivalent to $6.44 annually. A notable 7% dividend increase was approved on Aug 1, 2025, and subsequent declarations have kept that rate. Alongside this, ITW reported solid 2025 results with revenue of $16.0 billion and GAAP EPS of $10.49, guiding to EPS growth and further margin expansion for 2026, providing an earnings backdrop that supports ongoing dividend payments.

Historical Comparison

-0.6% avg move · In the past year, ITW issued 5 dividend-related releases under this tag, with an average next-day mo...

management,dividends

-0.6%

Average Historical Move management,dividends

In the past year, ITW issued 5 dividend-related releases under this tag, with an average next-day move of -0.55%, suggesting historically muted or slightly negative trading around similar announcements.

Dividend actions progressed from a $1.50 quarterly rate in 2024–H1 2025 to a 7% increase to $1.61 in Q3 2025, with subsequent declarations maintaining the $6.44 annualized rate into late 2025.

Market Pulse Summary

This announcement reiterates ITW’s quarterly dividend of $1.61 per share, implying a full-year payou...

Analysis

This announcement reiterates ITW’s quarterly dividend of $1.61 per share, implying a full-year payout of $6.44. It extends the higher rate first set after a 7% increase in 2025 and comes as the stock trades near its 52-week high. Investors may track future earnings, free cash flow, and any changes to dividend policy or broader capital allocation to assess how this payout fits into ITW’s long-term return framework.

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. Not financial advice.

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

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.