Shares of
3M (NYSE:
MMM) rang up its
biggest one-day decline in over 30 years ๐ฒafter the industrial, health-care and consumer products company missed profit and revenue expectations, slashed its full-year outlook, and said it was cutting 2,000 jobs. (see more at
marketwatch)
I've been looking at this company on and off through the years and today was really an unexpected surprise. I will start a position if the dividend yield approaches 3% and price stabilized below the 200 day moving average. ๐
| DIVIDEND YIELD (FWD) | ANNUAL PAYOUT (FWD) | PAYOUT RATIO | 5 YEAR GROWTH RATE | DIVIDEND GROWTH |
|---|
| 2.63% | $5.76 | 54.84% | 16.45% | 60 Years |
Disclaimer: All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
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