204.32 -0.45 (-0.22%)
After hours: 6:04PM EDT
|Bid||204.32 x 1000|
|Ask||205.00 x 800|
|Day's Range||201.89 - 204.99|
|52 Week Range||190.57 - 259.77|
|PE Ratio (TTM)||28.33|
|Earnings Date||Oct 23, 2018|
|Forward Dividend & Yield||5.44 (2.63%)|
|1y Target Est||209.85|
The fact of the matter is, however, for many investors the bulk of their total investing profits reaped for the long haul will come from dividends… even dividends that are reinvested in the companies paying them. With that as the backdrop, here’s a rundown of the market’s highest-quality dividend stocks … dividend payers that could be considered the aristocrats among the market’s income-oriented investments.
The 3M Co. has agreed to pay $9.1 million to settle allegations it knowingly sold defective combat ear plugs to the U.S. military without disclosing defects that limited the effectiveness of the hearing protection devices, the U.S. Justice Department said on Thursday. A settlement frees 3M from the inconvenience of a long investigation and litigation, it said. The 3M payment settles allegations that 3M and its predecessor, Aearo Technologies Inc., knew the ear plugs it sold the military were too short for proper insertion into the users' ears and could loosen and not perform effectively in some people, the Justice Department said.
3M’s commitment to harnessing the power of curiosity and wonder is made visible today by the completion of a major design installation at their headquarters building in St. Paul, Minn. Global science company 3M has wrapped its main headquarters building to encourage people to pursue their own sense of curiosity that can lead to discovery and problem solving. The Wonder campaign seeks to inspire people to examine the world around them and see that curiosity can lead to great discoveries.
The 3M Board of Directors today declared a dividend on the company’s common stock of $1.36 per share for the third quarter of 2018. The dividend is payable Sept. 12, 2018, to shareholders of record at the close of business on Aug.
If you’re like a lot of folks, you worry about inflation … and the danger it presents for your retirement. Inflation is a hidden retirement killer because it makes the value of the dollars you save today worth less and less in the future, right when you need them for retirement. After all, many investors were badly hurt in the 2000 stock crash and the 2008 stock crash.
3M announced today that Dr. Dambisa F. Moyo, founder and chief executive officer of Mildstorm, LLC, has been elected to 3M’s Board of Directors, effective Aug. 12, 2018.
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Industrial stocks have had a terrible 2018 with trade-war concerns, causing investors to turn their focus to the high-flying technology stocks.
Investing.com - The S&P 500 closed higher Thursday as an Apple-led rally in tech offset concerns over rising U.S.-China trade tensions.
Caterpillar’s (CAT) Construction Industries segment is the company’s most significant revenue contributor. The segment had a revenue share of 44.0% in the second quarter. The segment’s revenue share fell by 0.2 percentage points on a YoY (year-over-year) basis. The segment reported revenues of $6.17 billion in the second quarter, which implies an increase of 24.4% on a YoY basis. In the second quarter of 2017, the segment reported revenues of $4.6 billion.
Caterpillar (CAT) reported revenues of $14.01 billion in the second quarter—an increase of 23.7% on a YoY (year-over-year) basis. In the second quarter of 2017, Caterpillar reported revenues of $11.33 billion. Caterpillar’s revenues managed to beat analysts’ estimate of $13.88 billion. The company’s second-quarter revenues represent the highest growth percentage in more than six years.
Investing.com - The S&P 500 closed lower as trade-war jitters and plunging energy stocks overshadowed a rally in tech.
In what seems to be a magic trick, Dele Fayemi runs a batch of batteries in a beaker of boiling water - a physical impossibility that should cause a short circuit. Maintaining a constant, low temperature helps electric vehicles (EVs) drive longer distances, so keeping batteries cool could help solve a key problem for automakers: a lack of range has been a major obstacle to the mass adoption of electric cars. "As you can see, the temperature remains constant," at 32 Celsius (90 Fahrenheit), Fayemi said, the boiling point of this particular batch of Novec, which 3M also wants to sell to data centres to keep servers cool.
(Corrects reference to Novec liquid in paragraph 2 to non-flammable) By Nick Carey ST. PAUL, Minn., Aug. 1 (Reuters) - In what seems to be a magic trick, Dele Fayemi runs a batch of batteries in a beaker of boiling water - a physical impossibility that should cause a short circuit. But instead of a highly-dangerous combination of water and electricity, the 3M Co engineer is testing the batteries in Novec, a non-flammable, non-conductive liquid the conglomerate has sold to cool supercomputers, and which it now aims to sell to automakers to cool batteries. Maintaining a constant, low temperature helps electric vehicles (EVs) drive longer distances, so keeping batteries cool could help solve a key problem for automakers: a lack of range has been a major obstacle to the mass adoption of electric cars.
Investing.com - The S&P 500 closed higher as investors cheered a report that the U.S. and China were in talks to avert full-blown trade war.
Global stock markets inched up on Tuesday helped partly by a report that the United States and China were seeking to resume talks to defuse the battle over import tariffs, while the U.S. dollar rose against the yen after the Bank of Japan said it intends to keep interest rates low. Representatives of U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He have been speaking privately as they seek to restart negotiations and avoid a full-scale trade war, Bloomberg reported, citing sources. The White House, the Treasury and the U.S. Trade Representative’s office declined to comment but Mnuchin has repeatedly said in recent weeks he was ready to restart talks if China was prepared to make “meaningful changes” to its trade and technology transfer policies.
With an eye on the huge after-sale market, Boeing (BA) created the Global Services segment out of two existing verticals last year. In the second quarter, the company’s Global Services revenue was $4.0 billion, up 15% from $3.5 billion in the same period last year. The segment’s share in Boeing’s second-quarter revenue rose 160 basis points to 17% from 15.4% in the second quarter of 2017.
LONDON, UK / ACCESSWIRE / July 31, 2018 / If you want access to our free earnings report on 3M Co. (NYSE: MMM), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MMM. The Company reported its financial results on July 24, 2018, for the second quarter of the fiscal year 2018 (Q2 FY18). Additionally, the Company raised its guidance for the full fiscal year 2018.
There weren’t any changes in the number of analysts tracking 3M or their recommendations after 2018 earnings. 15 analysts continued to track 3M. Among them, 27% have recommended “buys” on the stock, 46% have recommended “holds” on the stock, and 27% have recommended “sells” on the stock.
3M’s (MMM) Consumer segment contributed 14.6% to the company’s total revenue in Q2 2018 compared to 15% in Q2 2017, a decrease of 0.4 percentage points on a year-over-year basis. The segment reported revenue of $1.33 billion in Q2 2018, an increase of 3.6% on a year-over-year basis. In Q2 2017, the segment reported revenue of $1.29 billion.