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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Illinois Tool Works Inc. (NYSE:ITW), it is a notable dividend payer with a a great track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Illinois Tool Works here.
Solid track record established dividend payer
ITW delivered a bottom-line expansion of 52% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did ITW outperformed its past performance, its growth also surpassed the Machinery industry expansion, which generated a 27% earnings growth. This paints a buoyant picture for the company.
For those seeking income streams from their portfolio, ITW is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.8%.
For Illinois Tool Works, there are three essential aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for ITW’s future growth? Take a look at our free research report of analyst consensus for ITW’s outlook.
- Financial Health: Are ITW’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ITW? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. On rare occasion, data errors may occur. Thank you for reading.