Friday, August 2nd the Board of Directors of Illinois Tool Works Inc. (ITW) announced a quarterly dividend increase of from $1.40 to $1.50 per share that’s payable October 11, 2024 to holders of record September 30, 2024. This represents a 7.14% increase over the last quarterly dividend.
With current price $239.36 (yesterday's close), this raise brings their dividend yield to 2.51%.






