It’s the beginning of the month when we happily look back on our previous month of passive dividend income earned.

In part 16 of a 54 part series on Dividend Aristocrats, Sure Dividend examines the valuation, competitive edge and future growth prospects of Illinois Tool Works.

Invest in high quality dividend paying companies that can manage their cash flow and payout ratio and be rewarded with constant dividend increases. A dividend increase is something every dividend growth investor can get excited about.

Welcome to edition 206 of Insider Weekends. Insider buying declined for a second week with insiders buying $26.37 million of stock compared to $73.08 million in the week prior.