Which stock pays more dividends, Dover or Illinois Tool Works?

Illinois Tool Works currently offers a higher dividend yield at 2.45%. Dover (DOV) yields 1.01% while Illinois Tool Works (ITW) yields 2.45%.

Is Dover or Illinois Tool Works a better dividend growth investment?

Illinois Tool Works has a faster 5-year dividend growth rate. Dover (DOV) CAGR: 1.0%, Illinois Tool Works (ITW) CAGR: 7.1%. Higher growth means more income in the future.

Can I compare Dover and Illinois Tool Works dividend income side by side?

Yes. Enter any investment amount above to see how much annual, monthly, and quarterly dividend income each stock would generate at current prices and yields.

Dover (DOV) vs Illinois Tool Works (ITW): Dividend Comparison

At current prices, Illinois Tool Works pays 143% more dividend income per dollar invested. For every $10,000 invested, Dover generates $101.03/year vs Illinois Tool Works's $245.15/year.

Side-by-Side Metrics

MetricDOVITW
Current Yield1.01%2.45%
TTM Dividend/Share$2.08$6.33
Payout Ratio25.87%58.22%
Div Growth (5Y CAGR)1.00%7.07%
Consecutive Growth Years4231
Safety Score5/55/5
Income per $10,000$101.03$245.15
FrequencyQuarterlyQuarterly

Metric	DOV	ITW	Winner
Current Yield	1.01%	2.45%	ITW
TTM Dividend/Share	$2.08	$6.33	—
Payout Ratio	25.87%	58.22%	DOV
Div Growth (5Y CAGR)	1.00%	7.07%	ITW
Consecutive Growth Years	42	31	DOV
Safety Score	5/5	5/5	—
Income per $10,000	$101.03	$245.15	ITW
Frequency	Quarterly	Quarterly	—

Income Comparison

Investment amount ($)

One vertical scale for all amounts: annual bars are tallest, then quarterly, then monthly. Within each pair, the taller bar is the higher payout for that cadence.

DOVITW

$101

$245

$25

$61

$20

Dividend Growth

Historical compound annual growth of dividends per share. Bars use one scale across all periods.

DOVITW

1.0%

7.2%

1.0%

7.1%

4.6%

11.6%

Frequently asked questions

Which stock pays more dividends, Dover or Illinois Tool Works?: Illinois Tool Works currently offers a higher dividend yield at 2.45%. Dover (DOV) yields 1.01% while Illinois Tool Works (ITW) yields 2.45%.
Is Dover or Illinois Tool Works a better dividend growth investment?: Illinois Tool Works has a faster 5-year dividend growth rate. Dover (DOV) CAGR: 1.0%, Illinois Tool Works (ITW) CAGR: 7.1%. Higher growth means more income in the future.
Can I compare Dover and Illinois Tool Works dividend income side by side?: Yes. Enter any investment amount above to see how much annual, monthly, and quarterly dividend income each stock would generate at current prices and yields.

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DOV — Dividend History

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ITW — Dividend History

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DOV — Dividend Calculator

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ITW — Dividend Calculator

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DOV — Dividend Forecast

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ITW — Dividend Forecast

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