Illinois Tool Works Inc. (NYSE:ITW) is included among the Dividend Growth Stocks: 25 Aristocrats. Illinois Tool Works (ITW) Maintains Dividend Growth Through Business Cycles Illinois Tool Works has been operating for more than a century and has built a business that is difficult to replicate. Its competitive edge comes from scale, deep customer relationships, and a sizable intellectual property portfolio with more than 17,000 granted and pending patents. The company’s dividend history stands out even am ...