MMM: 3M Stock is Now a Top 25 Dividend Giant

by ETFChannel.com | February 12, 2014 11:32 am

3M (MMM[1]) has been named as a Top 25 ”Dividend Giant” by ETF Channel[2], with a stunning $4.24B worth of MMM stock held by ETFs, and above-average ”DividendRank” statistics including a strong 2.62% yield, according to the most recent Dividend Channel[3] ”DividendRank” report.

The report noted a strong quarterly dividend history at 3M, and favorable long-term multi-year growth rates in key fundamental data points.

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The annualized dividend paid by 3M Co is $3.42 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/12/2014. Below is a long-term dividend history chart for MMM, which the report stressed as being of key importance.

Indeed, studying a company’s past dividend history[4] can be of good help in judging whether the most recent dividend is likely to continue.

MMM+Dividend+History+Chart

Dividend Stocks[5]

Endnotes:

  1. MMM: http://studio-5.financialcontent.com/investplace/quote?Symbol=MMM
  2. ETF Channel: http://www.etfchannel.com/
  3. Dividend Channel: https://www.dividendchannel.com/
  4. dividend history: https://www.dividendchannel.com/history/
  5. Dividend Stocks: https://investorplace.com/stock-types/dividend-stocks/

Source URL: https://investorplace.com/2014/02/mmm-dividend-stock-3m-stock/