Stock Buy - ITW (10 shares, $40 dividend income)

Illinois Tool Works Inc. (NYSE: ITW) produces engineered fasteners and components, equipment and consumable systems, and specialty products.

ITW is a S&P 500 Dividend Aristocrat with over 25+ years of dividend increases. It derives revenues from various market segments and it is quite diversified.

Recent pullback in price has provided a good opportunity to get a few shares of this consistent dividend payer. I hope to keep receiving and growing this dividend income for a long time.

This purchase will add $40 div income annually to my dividend stock portfolio 💪

Basic info:

Market CAP: 46B   EPS:$7.42  Dividend: $4.00 (2.89%)