Thursday, October 25, 2018

Recent Buy - Illinois Tool Works Inc. (ITW)

Wednesday, October 24th, I bought 10 shares of Illinois Tool Works Inc. at $ 121.20 per share plus commission.

My overall cost basis of this position decreases from $ 137.24 to $ 129.40 per share. I totally hold now 20 shares of ITW and my yield on cost is 3.09%. I purchased my first ITW's shares about two months ago, which you can read here.

Details of my purchase:

With current quarterly dividend ($ 1.0), my last purchase 10 shares of ITW will increase € 26.22 ($ 29.80) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 13,790.00. After this acquisition, ITW's weight of my portfolio is about 0.51% and its share of future annual dividend income is approximately 0.38%.  My purpose is to add more ITW to my portfolio if the price remains at these levels.

Click here to see my portfolio.

Full Disclosure: Long ITW

Thanks for stopping by!


  1. Nice pickup. And great work with the blog! its my favourite investing read

  2. DH,

    Nice buy! ITW is looks pretty attractive at these levels and continues to climb my shortlist of stocks to buy has the valuation declines. LEG is another industrial that has caught my eye as of late. Best of luck!


  3. Great purchase Hawk, ITW is a solid company and it consists of so many companies you may as well call it an ETF!


  4. Like this buy. ITW has been in my portfolio since I started down the DGI path. Great long term hold and now that it's beaten up a bit a good time to enter. It's yielding a historically high amount and the dividend is still safe. Nice pick up.

  5. I initiated position in ITW also few months ago. Plan is to increase as well. Also MMM and Fastenal seems to be attractive at current or little bit lower levels.

    In addition to indsutrials I have made additions to my semiconductor position of Skyworks solution and initiated position in Texas Instruments.

    It is interesting so how low and how fast indexes are falling. For investors who are in accumulation phase, like me, current timed are very interesting. More vaöur with lower price.

  6. You really have bought a lot of stocks in the past month! ITW looks like a very interesting company and valuation is starting to look great too. It the price stays at these levels for next couple months I think I finally found something to buy from the industrial sector too.