Illinois Tool Works Inc. (ITW) Yield on Cost (YOC): 2.52%
The yield on cost (YOC) for Illinois Tool Works Inc. (ITW) is 2.52%.
ITW Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
2.52%
Forward Yield on Cost Projections
If you buy ITW today at the current stock price of $251.16 with a yield of 2.52% and dividends continue to grow at the historical rate (7.1% CAGR), your YOC would be:
Current Yield
2.52%
YOC in 3 Years
3.32%
YOC in 5 Years
3.99%
YOC in 10 Years
6.32%
Interactive Yield on Cost Calculator
Project custom investment returns for Illinois Tool Works Inc. (ITW) based on your custom cost basis.
Starting Yield
2.52%
Ending YOC
7.02%
Year 15 Dividend
$17.64
Cum. Dividends Recd.
$171.23
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.33 | — | 2.52% | $0.00 |
| Year 1 | $6.78 | +7.07% | 2.70% | $6.78 |
| Year 2 | $7.26 | +7.07% | 2.89% | $14.03 |
| Year 3 | $7.77 | +7.07% | 3.09% | $21.80 |
| Year 4 | $8.32 | +7.07% | 3.31% | $30.12 |
| Year 5 | $8.91 | +7.07% | 3.55% | $39.03 |
| Year 6 | $9.54 | +7.07% | 3.80% | $48.57 |
| Year 7 | $10.21 | +7.07% | 4.07% | $58.78 |
| Year 8 | $10.93 | +7.07% | 4.35% | $69.71 |
| Year 9 | $11.71 | +7.07% | 4.66% | $81.42 |
| Year 10 | $12.53 | +7.07% | 4.99% | $93.95 |
| Year 11 | $13.42 | +7.07% | 5.34% | $107.37 |
| Year 12 | $14.37 | +7.07% | 5.72% | $121.74 |
| Year 13 | $15.38 | +7.07% | 6.13% | $137.12 |
| Year 14 | $16.47 | +7.07% | 6.56% | $153.60 |
| Year 15 | $17.64 | +7.07% | 7.02% | $171.23 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Illinois Tool Works Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Illinois Tool Works Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Illinois Tool Works Inc. (ITW)?
- The yield on cost (YOC) for ITW stock is 2.52%.
About Illinois Tool Works Inc.
Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial kitchen appliances for washing, refrigeration, cooking, and food processing, alongside comprehensive kitchen exhaust, ventilation, and pollution control systems, and offers related maintenance and repair services. The Test & Measurement and Electronics unit manufactures and sells machinery, expendable supplies, and accompanying software designed for assessing materials and structural integrity, in addition to equipment and consumables critical for the creation of electronic subassemblies and microelectronic components. The Welding division focuses on arc welding apparatus, coupled with metal arc welding consumables and associated accessories. The Polymers & Fluids segment produces adhesives, sealing compounds, lubrication and cutting fluids, and various fluids and polymers intended for automotive aftermarket upkeep and cosmetic purposes. The Construction Products segment provides purpose-engineered fastening systems and comprehensive solutions for new housing, renovation projects, and commercial building industries. Lastly, the Specialty Products segment delivers machinery and supplies for beverage packaging, equipment and expendables for product identification and marking, and specialized components and fasteners for appliances. ITW's broad clientele encompasses sectors such as automotive original equipment manufacturers (OEMs) and their suppliers, the commercial food service industry, construction companies, general industrial enterprises, and the automotive aftermarket. The corporation distributes its offerings directly to industrial manufacturers and via an extensive network of independent distributors. Established in 1912, Illinois Tool Works Inc. is headquartered in Glenview, Illinois.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Christopher A. O'Herlihy