Illinois Tool Works (ITW): Based in Glenview, Illinois, Illinois Tool Works is a multinational manufacturer of a diversified range of industrial products and equipment with approximately 840 operations in 57 countries. Illinois Tool Works reports in the following eight business segments: Transportation, Industrial Packaging, Food Equipment, Power Systems and
Electronics, Construction Products, Polymers and Fluids, Decorative Surfaces and All Others.
Over the past year, Illinois Tool Works has generated an 18.20% Return on Equity (ROE), which represents a 21% increase over the previous year. Additionally, the 10% profit margin is significantly higher than the 5.90% industry average.
Founded in 1912, ITW has paid an uninterrupted cash dividend since 1933 and has consistently increased the dividend for the last 47 consecutive years.
Investing Lesson
If you are going to invest in the stock market, why not get "Paid to Wait" for the future appreciation of the stock(s) that you own to unfold over time and ignore the day-to-day ups and downs!
