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Computed head-to-head · 6 dimensions

ITW vs MMM

Illinois Tool Works Inc. versus 3M Company — yield, safety, growth trend, cost, scale, and tax treatment.

ITW and MMM are evenly matched (2–2 across six dimensions) — the right pick comes down to which dimension you weight most.

Scorecard at a glance

DimensionITWMMMWinner
Yield2.27%2.14%ITW wins
Dividend safety8.3/108.8/10MMM wins
Growth trend+0.01% vs 5y-1.77% vs 5yMMM wins
Volatility (beta)1.011.16ITW wins
Scale$82.6B$76.0BTie
Tax efficiencyQualified-eligibleQualified-eligibleTie
Overall2 wins2 winsTie

Dimension by dimension

ITW wins on yield (2.27% vs 2.14%)

On a $10,000 investment that's about $13 more in annual dividend income before taxes — though higher yield often comes with higher risk.

ITW's higher yield (2.27%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus MMM's 2.14% — especially if the higher yield is driven by covered calls or a falling share price.

ITW: 2.27%MMM: 2.14%

MMM wins on safety (8.8/10 vs 8.3/10)

Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. MMM scores better on the weighted average of those factors.

MMM (8.8/10) scores 0.5 points higher than ITW (8.3/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.

ITW: 8.3/10MMM: 8.8/10

MMM shows healthier dividend-vs-price trend

MMM's yield is 1.77% below its 5y average, versus 0.01% for ITW. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.

ITW: +0.01% vs 5yMMM: -1.77% vs 5y

ITW is less volatile (beta 1.01 vs 1.16)

Lower beta means smaller swings vs the S&P 500 — generally a steadier hold for income investors.

ITW: 1.01MMM: 1.16

Comparable scale ($82.6B vs $76.0B)

Within 1.5x of each other on market cap / AUM — similar institutional footprint.

ITW: $82.6BMMM: $76.0B

Both pay qualified-dividend-eligible distributions

Neither is structurally flagged for ordinary-income tax treatment. Most distributions should qualify for the lower long-term capital gains rate if holding-period requirements are met.

ITW: Qualified-eligibleMMM: Qualified-eligible

How we compare these

Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.

This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.

Frequently asked

Which is better for income, ITW or MMM?

ITW and MMM are evenly matched (2–2 across six dimensions) — the right pick comes down to which dimension you weight most.

ITW vs MMM: which has a higher dividend yield?

ITW yields 2.27% and MMM yields 2.14%. On a $10,000 investment that's about $13 more in annual dividend income before taxes — though higher yield often comes with higher risk.

Is ITW or MMM a safer dividend in 2026?

ITW scores 8.3/10 (Strong) on the Infnits dividend safety scale. MMM scores 8.8/10 (Strong). MMM is the safer pick on our scoring model.

Which has better dividend growth, ITW or MMM?

MMM's yield is 1.77% below its 5y average, versus 0.01% for ITW. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.

ITW vs MMM: which is more tax-efficient?

Neither is structurally flagged for ordinary-income tax treatment. Most distributions should qualify for the lower long-term capital gains rate if holding-period requirements are met.

Already own ITW or MMM? See if the other adds anything.

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