Q: Hi, Pat. What do you think of Illinois Tool Works (ITW on NYSE). It seems to be a very consistent and reliable dividend payer. Thanks.

A: Illinois Tool Works, $132.35, symbol ITW on NYSE (Shares outstanding: 331.8 million; Market cap: $43.4 billion; www.itw.com), is a multi-industry manufacturing company operating in 56 countries. Known as ITW, it has roughly 50,000 employees.

The company’s diversified range of industrial products includes aerospace technology, bridges,… Read More