The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.50 per share for the first quarter of 2023. The dividend is payable March 12, 2023, to shareholders of record at the close of business on Feb. 17, 2023. 3M has paid dividends to its shareholders without interruption for more […]

Fastenal announced its 25th consecutive double-digit annualized dividend. They’ve done this for over two decades. Fastenal Company reported its board of directors declared a dividend of $0.35 per share to be paid in cash on March 2, 2023 to shareholders of record at the close of business on February 2, 2023. Except for share and […]

If some analysts are correct the liability will be in the tens of billions. What will that do to their dividend? 3M is defending itself against allegations that chemicals and products it has made for decades have contaminated drinking water and pose health risks. Legal and industry analysts expect 3M to be engaged for years […]

Caterpillar (CAT) has a current dividend yield of 2.32% and is rated as “Very Safe” by SimplySafeDividends. I hold CAT in my Low Yield Portfolio. In total CAT is 1.0% of my portfolio. The maker of construction and mining equipment said Tuesday that its existing office in Irving, Texas, a suburb of Dallas, would serve […]

This is Caterpillar’s 28th straight year for increasing their dividend. Caterpillar has restructured its business in recent years and reduced their manufacturing footprint by almost 30%. Streamlining their organization reduces costs and gives them a healthier cash flow. Caterpillar seems to be in a strong position to ride out any potential recession and maintain its […]