3M Company is a diversified corporation manufacturing a wide range of products, including abrasives, adhesive tape and related products, and consumer-electronics components. It is headquartered in St. Paul, Minnesota.
3M apply science in collaborative ways to improve lives daily. With $32 billion in sales, 96,000 employees connect with customers all around the world.
3M Center
Bldg. 220-13E-26A
Saint Paul, Minnesota 55144-1000
Phone: 16517331474
www.3m.com
These days, everyday items like Velcro and fiberglass insulation don’t strike the average person as advanced materials. However, when they first hit the market in the 20th century, they had revolutionary impacts on several industries that made their inventors rich . Nowadays, investors can get in on these industry-shaping inventions by investing in advanced materials stocks. Whether for agricultural applications or industrial, these novel materials can rapidly increase a company’s growth prospects, thus increasing its stock value. The key to picking the right companies is understanding how these products fit into their broader financial picture and whether or not they’ll have enough impact to catch Wall Street’s attention. Ultimately, investing in advanced material stocks has the advantage of potentially increasing an investor’s portfolio faster than the market average, with less speculative risk. That’s because many companies developing these advanced materials are industry stalwarts with long histories and deep pockets to help stabilize their share value.
Dividend stocks are one of the best investments you can make. Companies that reward their shareholders with regular, growing payments can help to set you up for a comfortable retirement quickly. Yet not all dividend stocks are made equal. Sometimes company financials have deteriorated to the point where it has no business paying a dividend, or at least not as large as it has been. Even amongst Dividend Aristocrats and Dividend Kings, companies that have increased their payouts for 25 years and 50 years, respectively, will be forced to slash their dividends on occasion. Earlier this year 3M (NYSE: MMM ) slashed its dividend in half after raising the payout for 64 consecutive years. Walgreens Boots Alliance (NASDAQ: WBA ) started the year cutting its dividend in half after hiking its payout for almost 50 years. That makes it imperative you jettison the following dividend stocks to sell from your portfolio. Their businesses are not up to the task of supporting their payout. Particularly for income investors and retirees, these are the first dividend stocks to sell in August.
4 companies paid increased dividend during June with 3M being the only company to reduce it. 3M''s dividend cut appears to be cheered. Click here to read more.
Investors are excited about the new CEO''s plans to improve the company''s performance.
Market watchers, throughout the week, observed several Wall Street executives stepping up for new roles as part of leadership reshuffling.
Anurag Maheshwari currently serves in similar roles at Otis Worldwide Corp., a global manufacturer, installer and servicer of elevators and escalators.
3M named Anurag Maheshwari, chief financial officer at elevator maker Otis Worldwide, as its next CFO, adding another corporate outsider to the manufacturing giant’s executive ranks.
