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Illinois Tool Works, Inc. (ITW) Will Trade Ex-Div on 6/28/11

By Dividend Channel Staff, Friday, June 24, 1:22 PM ET

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On 6/28/11, Illinois Tool Works, Inc. (NYSE:ITW) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 7/12/11. As a percentage of ITW's recent stock price of $54.38, this dividend works out to approximately 0.63%.

Below is a dividend history chart for ITW, showing historical dividends prior to the most recent $0.34 declared by Illinois Tool Works, Inc.:

ITW Dividend History
Date	Div^*
03/29/11	0.340
12/29/10	0.340
09/28/10	0.340
06/28/10	0.310
03/29/10	0.310
12/29/09	0.310
09/28/09	0.310
06/26/09	0.310
03/27/09	0.310
12/29/08	0.310
09/26/08	0.310
06/26/08	0.280
03/27/08	0.280
12/27/07	0.280
09/26/07	0.280
06/27/07	0.210
03/28/07	0.210
12/27/06	0.210
09/27/06	0.210
06/28/06	0.330
03/29/06	0.165
12/28/05	0.165
09/28/05	0.165
06/28/05	0.140
03/29/05	0.140
12/29/04	0.140
09/28/04	0.140
06/28/04	0.120
03/29/04	0.120
12/29/03	0.120
09/26/03	0.120
06/26/03	0.115
03/27/03	0.115
12/27/02	0.110
09/26/02	0.115
06/26/02	0.110
03/26/02	0.110
12/27/01	0.110
09/26/01	0.110
06/27/01	0.100
03/28/01	0.100
12/27/00	0.100
09/27/00	0.100
06/28/00	0.090
03/29/00	0.090
12/29/99	0.090
09/28/99	0.090
06/28/99	0.075
03/29/99	0.075
12/29/98	0.075
09/28/98	0.075
06/17/98	0.060
03/27/98	0.060
12/29/97	0.060
09/26/97	0.060
06/26/97	0.060
03/26/97	0.048
12/27/96	0.048
09/26/96	0.048
06/26/96	0.043
03/27/96	0.043
12/27/95	0.043
09/27/95	0.043
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ITW is likely to continue, and whether the current estimated yield of 2.50% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, ITW makes up 2.09% of the Industrial Select Sector SPDR Fund ETF (AMEX:XLI) which is trading lower by about 1% on the day Friday.

��See what other ETFs contain ITW �
��See what other stocks are held by XLI �

ITW operates in the Industrial Machinery & Equipment sector, among companies like Albany International Corp (NYSE:AIN) which is down about 0.5% today, and Tennant Co. (NYSE:TNC) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of ITW, versus AIN and TNC.

ITW,AIN,TNC Relative Performance Chart In Friday trading, Illinois Tool Works, Inc. shares are currently off about 0.9% on the day.

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Illinois Tool Works, Inc. (ITW) Will Trade Ex-Div on 6/28/11

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