3M Company has paid dividends for over 100 years

3M Company has paid dividends for over 100 years

Improved health-care and consumer division sales led to a 2.6% earnings bump for this company during the most-recent quarter.

The sale of its advanced ballistic-protection unit will further focus the company on strategic growth for investors.

The stock trades at just 18.8 times the 2019 earnings forecast.

3M… Read More

Six exchange-traded funds (ETFs) that track the major indexes

Six exchange-traded funds (ETFs) that track the major indexes

More and more, exchange-traded funds (ETFs) are finding their way into the portfolios of investors.
That’s because, unlike many other financial innovations, they don’t load you up with heavy management fees, or tie you down with high redemption charges if you decide to get out of them… Read More

3M focuses on its core products

3M COMPANY $164 (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 575.3 million; Market cap: $94.3 billion; Price-to-sales ratio: 2.9; Dividend yield: 3.5%; TSINetwork Rating: Above Average; www.3m.com) produces more than 60,000 items, including air purifiers, adhesives, bandages and components for medical devices… Read More

Dividend Advisor Hotline – Friday, August 2, 2019

SNC-LAVALIN GROUP INC., $17.81, Toronto symbol SNC, is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.

To conserve cash for debt repayments, SNC is cutting its quarterly dividend by 80.0%. Starting with… Read More

Five North American ETF buys and one sell

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More