Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $1 per share is scheduled to be paid on January 10, 2019. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 28.21% increase over prior dividend payment. At the current stock price of $123.59, the dividend yield is 3.24%.
The previous trading day's last sale of ITW was $123.59, representing a -30.98% decrease from the 52 week high of $179.07 and a 4.96% increase over the 52 week low of $117.75.
ITW is a part of the Technology sector, which includes companies such as Thermo Fisher Scientific Inc ( TMO ) and Danaher Corporation ( DHR ). ITW's current earnings per share, an indicator of a company's profitability, is $5.55. Zacks Investment Research reports ITW's forecasted earnings growth in 2018 as 15.31%, compared to an industry average of 19.9%.
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