A century of change keeps 3M steady

A century of change keeps 3M steady

The fact that 3M Company has paid dividends without interruption for 100 years—and raised its dividend each of the past 59 years—is a firm indication of its blue chip credentials. Yet it continuously renews those credentials by making key acquisitions, letting go of declining operations… Read More

3M fine-tunes its portfolio for new growth

3M COMPANY $199 (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares o/s: 596.8 million; Market cap: $118.8 billion; Price-to-sales ration: 3.9; Divd. yield: 2.4%; TSINetwork Rating: Above Average; www.3m.com) makes over 60,000 consumer and industrial goods, including Post-It notes, Scotch tape, Scotchguard… Read More

Top U.S. dividend payers continue to shine

Both 3M and McDonald’s have hit all-time highs this year. That’s mainly due to their long-term plans to improve the profitability of their main businesses. Better earnings will also let them keep raising their dividends.
3M COMPANY $213 (New York symbol MMM; IncomeGrowth Dividend Payer Portfolio,… Read More