Investment Thesis
Illinois Tool Works (ITW) is a global diversified manufacturer with 7 different business segments. The company's revenue is well diversified globally, as it generates more than half of its revenue from outside the US. ITW is very well known company among dividend investors. With an incredible record of 55 years of dividend growth, the company has earned the trust of investors looking for safe, increasing income.
The company has implemented a business strategy around their best customers. As 80% of the company's revenues come from 20% of its customers, ITW focuses