Money and Finance
The industrial sector has been seeing large declines so far through 2015 due to varied reasons: a strong US dollar is hurting the large multinationals, interest rate hikes, China's economy slowing, potentially another recession in the works. Pick your disaster du jour and the stock markets are responding. In volatile market scenarios, it pays to invest your capital with the highest-quality companies you can find with proven histories of weathering all sorts of economic storms. The company I want to look at today has increased the dividend for 57 consecutive years, holds over 100,000 patents, operations in over 70 countries, and has a product lineup that covers just about every industry possible. The company I'm taking about is 3M Company (NYSE:MMM), and it is trading around $139 per share, giving investors a current yield of 2.95%.
The following tables/graphs are taken from my personal stock analysis spreadsheet. Data for the stock analysis was sourced from 3M Company's investor relations page, Morningstar, and Yahoo Finance.
Historic Growth Rates:
Owners of 3M have received solid returns over the last 10 years. According to longrundata.com, shares of MMM have earned investors a total return of 246.5% or 9.4% annualized over the last decade. Those numbers are market returns at specific snapshots in time and aren't necessarily indicative of the business results over the same time period. Looking at the historic growth rates for per share dividends, earnings, revenue, and free cash flow gives a better idea of the true operational results that 3M Company has delivered.
Continue reading the 3M Company stock analysis on Seeking Alpha.
Also, you can check out other stock analyses at my Stock Analysis page.
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Money and Finance
3M Company: A Diversified Conglomerate Poised To Continue Delivering Results
The industrial sector has been seeing large declines so far through 2015 due to varied reasons: a strong US dollar is hurting the large multinationals, interest rate hikes, China's economy slowing, potentially another recession in the works. Pick your disaster du jour and the stock markets are responding. In volatile market scenarios, it pays to invest your capital with the highest-quality companies you can find with proven histories of weathering all sorts of economic storms. The company I want to look at today has increased the dividend for 57 consecutive years, holds over 100,000 patents, operations in over 70 countries, and has a product lineup that covers just about every industry possible. The company I'm taking about is 3M Company (NYSE:MMM), and it is trading around $139 per share, giving investors a current yield of 2.95%.
The following tables/graphs are taken from my personal stock analysis spreadsheet. Data for the stock analysis was sourced from 3M Company's investor relations page, Morningstar, and Yahoo Finance.
Historic Growth Rates:
Owners of 3M have received solid returns over the last 10 years. According to longrundata.com, shares of MMM have earned investors a total return of 246.5% or 9.4% annualized over the last decade. Those numbers are market returns at specific snapshots in time and aren't necessarily indicative of the business results over the same time period. Looking at the historic growth rates for per share dividends, earnings, revenue, and free cash flow gives a better idea of the true operational results that 3M Company has delivered.
Continue reading the 3M Company stock analysis on Seeking Alpha.
Also, you can check out other stock analyses at my Stock Analysis page.
- You Can't Clean Up A Messy Valuation: The Clorox Company Dividend Stock Analysis
Consumer staple companies make for excellent defensive investments and dividend growth candidates due to the rather inelastic demand for their products. For those companies that have established brands and market share they can typically pass along input...
- Colgate-palmolive Co.: Excellent Company But How's The Valuation?
When volatility in the markets increases that leads many investors to look for defensive investments that will hold up during a market downturn. Consumer staples are some of the best options when it comes to holding up in a declining market as well as...
- Is Procter & Gamble A Value Play?
Volatility has spiked over the last week with large swings in share prices both lower and higher. This could lead some to take up defensive positions for their portfolio. That means consumer staples and how many consumer staples can spout a 59 consecutive...
- Does The Coca-cola Company Still Have The Recipe For Out-sized Returns?
There's no mistake that one of the greatest wealth creators of the last century is The Coca-Cola Company (NYSE:KO). With 20 different beverage brands generating over a billion dollars in annual revenues they are the envy of plenty of companies. Especially...
- Now's Not The Time For Mccormick & Company, Inc.
I mentioned in my dividend growth checkup that my plan for the year was to allocate less capital to the consumer staples due to their general overvaluation. However, that doesn't mean that I won't identify excellent companies with large moats...