Remember that an average means the price will sometimes be higher than the target price, giving MMM stock an even lower yield at points.There is no guarantee that this will occur anytime soon.

So the company, based on last year’s cash flow, can absorb a big hit to earnings and still afford the dividend.

The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.47 per share for the first quarter of 2020, an increase of 2 percent over the quarterly dividend paid in 2019.

The company is another Dividend King. You can sign up for additional alert options at any time.At 3M Company, we promise to treat your data with respect and will not share your information with any third party. All rights reserved.

3M's valuation is … The quarterly dividend is now $1.47 per share or $5.88 on an annualized basis. As markets rebound, the stock could continue trending higher, perhaps retracing its …

But the company has already indicated it will cut operating costs.

Do the opposite of what sell-side analysts recommend.

So its free cash flow, available to be spent on dividends, was $5.37 billion.But here’s the thing. quotes delayed at least 15 minutes, all others at least 20 minutes. That might be a good time to take another look at the stock.Article printed from InvestorPlace Media, https://investorplace.com/2020/04/3m-stock-has-secure-dividends-and-ample-cash-flow/.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved.

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He The Nov. 2019 movie “Dark Waters” recently chronicled a 15-year legal saga which ultimately led to a class-action lawsuit against So a lone analyst is recommending a “Buy” for 3M when other sell-side analysts are saying “Hold.” I have a pretty strict rule. Undervalued Dividend Growth Stock of the Week: 3M Company (MMM) by Jason Fieber, Mr. Free at 33 • July 5, 2020. 3M Stock Has Secure Dividends and Ample Cash Flow MMM is worth at least 45% more based on its steady free cash flow and average historical dividend yield By Mark R. Hake , CFA Apr 21, 2020…

3M said it will cut its capital spending plans in order to prioritize dividends in 2020, but is suspending its share buyback plans and pulling its full-year profit guidance. These contacts are intended only for the media.

The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.47 per share for the second quarter of 2020. At today’s price of $146.66 per share, that gives MMM stock a dividend yield of 4%.Moreover, this assumes that the company will not only keep on paying the same dividend but that it will revert to its average historical yield. This marks the 62nd consecutive year 3M has increased its dividend. If you experience any issues with this process, please contact us for further assistance.The brands listed above are trademarks of 3M. The stock is likely to take a hit after expected lower earnings come out. Certainly, it will probably take a while until the U.S. and global economy return to their normal growth trajectories.Nevertheless, looking at MMM stock from a value investing standpoint, despite the company being out of favor, 3M stock looks like a bargain.Back in February, analyst Scott Davis of Melius Research upgraded MMM stock to the equivalent of a “Buy” recommendation. Nasdaq 1125 N. Charles St, Baltimore, MD 21201.

It spent just $1.7 billion in capex. As of Dec. 31, 2019, 3M had 575,184,835 common shares outstanding and 74,173 shareholders of record. So I like Mr. Davis’s call on MMM stock.3M is scheduled to report earnings and its upcoming dividend at the end of this month. 3M’s dividend, currently at $5.88 per share (dividend yield is 4%), costs the company just $3.32 billion annually. During the past decade, 3M has returned $57 billion to shareholders through a combination of dividends and gross share repurchases, or 121 percent of reported net income. Investors can buy reasonably-priced 3M stock now, and start collecting an above-average dividend yield. Debt levels are somewhat elevated but should not keep the stock from bottoming if the economy is able to gain upside momentum in Q1 of 2020. Copyright ©

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