Illinois Tool Works (NYSE: ITW) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $62.25 as of 9:35 a.m. ET, the dividend yield is 2.4%. The average volume for Illinois Tool Works has been 2.2 million shares per day over the past 30 days. Illinois Tool Works has a market cap of $28.5 billion and is part of the industrial industry. Shares are up 2.8% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. The company has a P/E ratio of 11.98. Currently there are 8 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 7 rate it a hold. TheStreet Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Illinois Tool Works Ratings Report now.
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