Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, February 10, 2017

Article Excerpt

3M COMPANY, $179.00, New York symbol MMM, makes over 60,000 consumer and industrial goods, including Post-It notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard fabric protection and Thinsulate insulation. Starting with the March 2017 payment, the company will raise its quarterly dividend by 5.9%, to $1.175 a share from $1.11. The new annual rate of $4.70 yields 2.6%. 3M has paid dividends continuously for over 100 years. It has also increased that payout each year for the past 59 years. OUR RECOMMENDATION: 3M is our #1 Income buy for 2017. 3M recent coverage February 2017 issue Hotline for January 27, 2017 YUM! BRANDS INC., $68.00, New York symbol YUM, spun off its Chinese operations—Yum China Holdings (see below)—as a separate company on November 1, 2016. Investors received one share of Yum China for each Yum Brands share they held. They won’t have to pay capital gains tax on those shares until they sell them. Yum Brands now operates 43,300 restaurants in over 135 countries. Its main banners are KFC…