EOS - 3M: Time To Buy The Dip Of This Dividend King With Dividend Increase Expected This Month
3M (MMM), one of the largest manufacturers and distributors of industrial products spanning medical to automobile products, is a buy for the dividend growth investor and total return investor. 3M has steady growth and has plenty of cash, which it uses to buy bolt-on companies, increase the dividend each year, and buy back shares. The stock comprises 0.92% of The Good Business Portfolio, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, 3M has a good chart going up and to