Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.65 per share is scheduled to be paid on July 12, 2017. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ITW has paid the same dividend. At the current stock price of $145.34, the dividend yield is 1.79%.
The previous trading day's last sale of ITW was $145.34, representing a -3.29% decrease from the 52 week high of $150.29 and a 47.82% increase over the 52 week low of $98.32.
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 $5.95. Zacks Investment Research reports ITW's forecasted earnings growth in 2017 as 12.46%, compared to an industry average of 12.8%.