This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Dividend Stocks Itching to Pay You More

3M MMM Chart MMM data by YCharts

3M Corporation (MMM - Get Report) may be best known for blockbuster products like Scotch Tape and Post-It Notes, but the firm has been working hard to expand its product portfolio in recent years. Other big 3M offerings include products as diverse as industrial adhesives and computer screen security devices -- that wide mix of broad appeal office supplies and higher-ticket niche offerings makes 3M more attractive than its average peer in this market.

To grow its offerings, 3M has been pursuing big acquisitions, deploying some of the $6.5 billion in cash and investments that the firm has on tap. Growth by acquisition is a relatively new approach for 3M, but it shows significant promise for boosting the firm's top line numbers, particularly on this end of the business cycle. Historically, innovation has been one of the biggest keys to 3M's success. More recently, it's also managed to reinvent and modify its most popular products, squeezing extra life out of offerings that have ample competition.

Overseas growth remains a big opportunity for 3M, even though the firm already has exposure abroad. The firm already enjoys deeper margins in emerging markets, and expanding its offerings in regions where it already has distribution channels makes a lot of sense. Financially, 3M's balance sheet is net cash positive, with ample liquidity. That should help pave the way for a dividend hike in the next quarter.

Right now, 3M pays out a 59-cent quarterly dividend for a 2.68% yield.
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
GPS $32.30 -1.60%
M $58.00 -1.00%
MMM $138.52 -2.50%
LO $71.40 -0.46%
UPS $95.22 -2.50%


Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs