When I’m vetting stocks to add to my long-term holdings, I have to think very differently than I do when I’m swing trading or scalping. For one thing, I commit to blocking out the noise and focusing on the company’s long-term viability; moreover, I look at its dividend as a sign that the company is in good health and likes to reward loyal shareholders.
Besides being a long-standing Dow Jones component, 3M Company (NYSE:MMM) offers a compelling 3.31% dividend yield; that’s not too bad at all. That alone wouldn’t be enough to convince me to buy 3M stock, though, so I have to weigh a multitude of other factors. The critics will always be able to find something to complain about, but when I look at 3M, I see a Dow stalwart with a solid plan and the potential to beat Q2 expectations; moreover, the compelling 3M stock price and its generous dividend payouts complete the picture of a stock that’s earned my seal of approval.
Source: InvestorPlace
Related Articles:
- Warren Buffett's Secret To 50% Returns
- 5 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 4 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
- 8 Dividend Stocks Building A Growing Cash Stream
This Stock Is More Than Just a Dividend Darling
Posted by D4L | Wednesday, July 31, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.