Illinois Tool Works, Inc. (Symbol: ITW) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel , Illinois Tool Works, Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 0.91% of the SPDR S&P Dividend ETF ( SDY ), which holds $108,460,616 worth of ITW shares.
Illinois Tool Works, Inc. (Symbol: ITW) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments.
The annualized dividend paid by Illinois Tool Works, Inc. is $2.20/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/28/2015. Below is a long-term dividend history chart for ITW, which the report stressed as being of key importance.