Dividends4Life, Dividend Growth Stocks (1,946 clicks) Dividend investing, long only, ETF investing Profile| Send Message| Following ▾ (40,781 followers) Edit Article 3M: An Outstanding Company With An Excellent Future

3M Co. is a diversified global company that provides enhanced product functionality in electronics, healthcare, industrial, consumer, office, telecommunications, safety & security and other markets. The company is the leader in many of the markets its serves. Its bottom-line focus and low-cost manufacturing have built a wide moat around its core businesses.

The company is focused on portfolio management, investment in innovation and business transformation as a means to growth and increased returns. MMM invests heavily in research and development to generate organic growth and capture premium pricing in the early stages of a product's life cycle. In addition, the company continues to look at restructuring as a way to transfer capital from low-margin businesses to more lucrative opportunities and generate an improved return on capital. MMM has consistently returned significant cash to its shareholders through share repurchase and dividends, including its most recent dividend increase of 35%. MMM is an outstanding company with an excellent future.

Source: Seeking Alpha

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