Illinois Tool Works, Inc. ( ITW) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.According to the ETF Finder at ETF Channel, Illinois Tool Works, Inc. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.25% of the SPDR S&P Dividend ETF (SDY), which holds $160,561,579 worth of ITW shares. Illinois Tool Works, Inc. ( ITW) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments. The annualized dividend paid by Illinois Tool Works, Inc. is $1.68/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/27/2013. Below is a long-term dividend history chart for ITW, which the report stressed as being of key importance. ITW operates in the Industrial Machinery & Equipment sector, among companies like Danaher Corp. (DHR), and Ingersoll-Rand plc (IR).