Illinois Tool Works Inc. ( ITW ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.55 per share is scheduled to be paid on October 06, 2015. Shareholders who purchased ITW prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.4% increase over the prior quarter. At the current stock price of $82.88, the dividend yield is 2.65%.
The previous trading day's last sale of ITW was $82.88, representing a -17.24% decrease from the 52 week high of $100.14 and a 5.19% increase over the 52 week low of $78.79.
ITW is a part of the Technology sector, which includes companies such as Danaher Corporation ( DHR ) and Thermo Fisher Scientific Inc ( TMO ). ITW's current earnings per share, an indicator of a company's profitability, is $5.01. Zacks Investment Research reports ITW's forecasted earnings growth in 2015 as 10.03%, compared to an industry average of -9.8%.