3M Company now yields 2.9%

3M Company now yields 2.9%

Due to COVID-19, this firm quickly ramped up safety equipment production including N-95 respirator masks.

That offset slow sales to the automotive and electronic goods sectors, which should now rebound as vaccines let more parts of the economy reopen. That should allow the firm to keep… Read More

3M poised to gain as economy reopens

Due to COVID-19, 3M had to quickly ramp up its production of various safety equipment, including N95 respirator masks (they block 95% of very small particles, including those containing the virus). That offset its slow sales to makers of automotive and electronic goods. However, demand… Read More

N95 masks boost 3M’s sales

3M COMPANY $177 is a buy. The company (New York symbol MMM; Income Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 576.8 million; Market cap: $102.1 billion; Divd. yield: 3.6%; Dividend Sustainability Rating: Above Average; www.3m.com) raised its quarterly dividend up 5.9% in March 2020, to… Read More

Get a 3.7% yield from 3M Company

Get a 3.7% yield from 3M Company

This company benefits from a wide variety of products, which shield it from downturns in any one industry and region.

In the meantime, it continues to grow sales during the pandemic due to demand for masks and other medical-related products. products… Read More

This PPE supplier offers you gains

3M COMPANY $144 is a buy. The company (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 575.3 million; Market cap: $82.8 billion; Price-to-sales ratio: 2.6; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.3m.com) produces more than 60,000 items, including air purifiers, adhesives, bandages and… Read More