Illinois Tool Works Inc. (NYSE:ITW) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ITW, it is a well-regarded dividend payer with a great history of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. 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
Over the past year, ITW has grown its earnings by 31%, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, ITW also outperformed its industry, which delivered a growth of 18%. This is an optimistic signal for the future.
Income investors would also be happy to know that ITW is a great dividend company, with a current yield standing at 2.9%. ITW has also been regularly increasing its dividend payments to shareholders over the past decade.
For Illinois Tool Works, I've compiled three important 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. Thank you for reading.