Why 3M is a Top 25 Dividend Giant (MMM)

3M (MMM) has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a staggering $3.97BB worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 2.90% yield, according to the most recent Dividend Channel ”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.

The annualized dividend paid by 3M is $4.44 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/10/2016. 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 can be of good help in judging whether the most recent dividend is likely to continue.

Source: InvestorPlace

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