ITW Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

Core Insights - Illinois Tool Works, Inc. (ITW) has been recognized in the "Dividend Channel S.A.F.E. 25" list, indicating strong dividend characteristics including a 2.3% yield and a history of at least two decades of dividend growth [1][3]. Company Overview - ITW operates in the Industrial Machinery & Equipment sector, alongside companies such as Deere & Co. and Lam Research Corp [6]. Dividend Information - The annualized dividend for ITW is $6 per share, distributed quarterly, with the most recent dividend ex-date on March 31, 2025 [4]. - ITW's consistent dividend increases and flawless history of never missing or lowering dividends contribute to its strong dividend ranking [3]. ETF Involvement - ITW is included in the iShares S&P 1500 Index ETF (ITOT) and represents 0.97% of the SPDR S&P Dividend ETF (SDY), which holds approximately $197.5 million worth of ITW shares [2].