This Dividend King Continues to Deliver on Promises to Investors. Here's Why It's a Buy Now.

Dividend Kings, or companies that have raised their payouts for at least 50 consecutive years, provide a great starting point for investors looking for reliable passive income sources. But some Dividend Kings don't consistently raise their dividends by a meaningful amount, or they have fractures in their business model that could jeopardize future raises.With 61 consecutive years of boosting its quarterly payout and a dividend that has more than tripled in the last 10 years, Illinois Tool Works (ITW -0.47%) ...