mmm dividend safety score

BSD and Quadrix scores are percentile rankings, with 100 the highest score. In addition, with interest rates potentially rising, 3M’s borrowing costs are likely to rise over time as it refinances older bonds and continues to gradually take on new debt each year (about $2 billion expected in 2018). You can learn more about how Dividend Safety Scores are calculated here. After nearly tripling its quarterly distribution in July 2018, just three months later, The financially distressed shopping center REIT. New Mountain Finance Corporation (NMFC) reduced its dividend by 12%. This is due to two major factors. Herman Miller (MLHR) suspended its dividend. Quality Score: Dividend Safety Score: Investment Grade: Today's 5Yr RAER: MMM: 12 (Ultra SWAN) 5 (very safe) A+: 6.21%: Goal: Scores: Scale: Interpretation: Valuation: 4: Good Buy Foresight Energy LP (FELPQ) suspended its dividend. Seadrill Partners LLC (SDLPF) suspended its dividend. CVR Energy (CVI) cut its dividend by 50%. 3M’s impressive organic growth is courtesy of two things. C grade indicates a low probability for a dividend cut and/or average safety risk. This has led to a steady decline in costs of goods sold and rising operating margins and returns on invested capital. Notice: JavaScript is required for this content. For example, by 2020 analysts expect that fully 50% of sales will come from emerging markets such as China. CNX Midstream Partners LP (CNXM) cut its dividend by 80%. Host Hotels & Resorts (HST) suspended its dividend. Tenaris S.A. (TS) suspended its dividend. Target (TGT): Can This Dividend King Thrive in the Age of Amazon. Disclaimer | B grade indicates a very low probability for a dividend cut. Extended Stay America (STAY) slashed its dividend by 96%. Bed Bath & Beyond (BBBY) suspended its dividend. This is why its industrial segment has historically grown at 1.5x the rate of the global manufacturing components industry. However, there are exceptions to the 60% payout ratio rule. Obviously investors in 3M need to keep in mind that all industrial stocks will experience cyclical sales growth or declines over time. ARMOUR Residential REIT (ARR) slashed its dividend by 82%. To help with that effort, we created a Dividend Safety Score system, which analyzes a blend of the most important financial ratios to rate the safety of a company’s dividend. Our Dividend Safety Score answers the question, “Is the current dividend payment safe?” We look at some of the most important financial factors such as current and historical EPS and FCF payout ratios, debt levels, free cash flow generation, industry cyclicality, ROIC trends, and more. Diebold Nixdorf, Incorporated (DBD) suspended its dividend. Estée Lauder (EL) suspended its dividend. First, despite the negative effects of the oil crash in the last two years, 3M’s dividend remains very well covered by both earnings and free cash flow, as seen by its low payout ratios . This is due to two major factors. Elmira Savings Bank (ESBK) cut its dividend by 35%. Increase Your Credit Score; ... MMM Dividend data by ... With solid prospects for measured growth and plenty of margin of safety to sustain its dividend … Last updated on 12/31/2020. Plains All American Pipeline (PAA) cut its dividend by 50%. Terex Corporation (TEX) suspended its dividend. A grade indicates an extremely low probability of a dividend cut. In 2017, the US dollar depreciated substantially against most currencies after several years of strong growth. Dynagas LNG Partners LP (DLNG) suspended its dividend. Investors who stuck with companies that scored above 60 (our Safe and Very Safe categories) would have avoided 98% (694 of 706) of the cuts, including Kinder Morgan, ConocoPhillips, National Oilwell Varco, and General Electric. With this in mind, MMM’s dividend appears Safe … Chimera Investment Corporation (CIM) cut its dividend by 40%. Finally, 3M benefits from selling many specialized, mission critical, but still relatively low cost products to industrial customers. Following the onset of the coronavirus pandemic, the Indian government mandated that banks could not pay out any dividends in order to preserve capital. Historically low-interest rates have made it hard for income-oriented investors to find yield in the last decade, but these ten dividend stocks have bucked the trend and proven that you can still get yield in 2018 and beyond. The good news is that in recent quarters management has begun to gradually deleverage the balance sheet, which is a wise move at this stage of the economic/interest rate cycle. 3M Company (MMM) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. CONSOL Coal Resources LP (CCR) suspended its dividend. Las Vegas Sands Corp. (LVS) suspended its dividend. Interpreting Dividend Safety Scores. American Eagle Outfitters (AEO) suspended its dividend. PBF Energy Inc (PBF) suspended its dividend. However, in 2018 there are two potential catalysts that could cause the dollar to appreciate and create stronger growth headwinds for multi-national companies than is currently expected. Western Asset Mortgage Capital Corporation (WMC) suspended its dividend. Company doesn't go BK. Southwest Airlines Co. (LUV) suspended its dividend. However, 3M has managed to carve out a very wide moat and has shown an incredible ability to continue growing its earnings and cash flow over time, despite the occasional industry downturn such as 2015 and 2016 (due largely to tumbling commodity prices). Medley Management (MDLY) suspended its dividend. Weingarten Realty Investors (WRI) cut its dividend by 55%. You own part of a company, thus both profiting and suffering from any success and failure of the company by either capital gains or losses and dividend increases or cuts. Equinor ASA (EQNR) cut its dividend by 67%. Price: 174.79 | Annualized Dividend: $5.88 | Dividend Yield: 3.4% Ex-Div. Ralph Lauren Corporation (RL) suspended its dividend. Suncor Energy (SU) cut its dividend by 55%. Hallador Energy Company (HNRG) suspended its dividend. Source: Simply Safe Dividends Ensco Rowan (ESV) suspended its dividend. Retail Opportunity Investments Corp. (ROIC) suspended its dividend. Landmark Infrastructure Partners LP (LMRK) cut its dividend by 46%. Gladstone Capital Corporation (GLAD) reduced its dividend by 7%. We look at a company’s payout ratios, debt levels, free cash flow generation, recession performance, near-term business trends, and more to generate our scores. Ross Stores (ROST) suspended its dividend. Teekay Corporation (TK) suspended its dividend. learn more about how Dividend Safety Scores are calculated here. de C.V. (PAC) suspended its dividend. Copa Holdings, S.A. (CPA) suspended its dividend. Lloyds Banking Group plc (LYG) suspended its dividend. Copyright Notice | Minnesota Mining and Manufacturing, or 3M, was founded in 1902 in St. Paul, Minnesota. In fact, when we compare 3M’s relative debt metrics to its peers we find that it has one of the strongest balance sheet in its industry. NGL Energy Partners LP (NGL) cut its dividend by 49%. It's honestly hard to say, I'd say your end goal just short of a million in safe dividend companies, MMM, KO, DIS, MSFT, etc. Urstadt Biddle Properties (UBP) slashed its dividend by 75%. National CineMedia (NCMI) cut its dividend by 63%. Columbia Sportswear Company (COLM) suspended its dividend. All in all, 3M’s management team has proven it has the ability to constantly adapt to a rapidly changing world. ArcelorMittal (MT) suspended its dividend. You can learn more about how Dividend Safety … Next, the company’s impressively stable and growing EPS and FCF per share mean that management is able to steadily grow the payout while still maintaining modest and very safe payout ratios. Korea Electric Power Corporation (KEP) suspended its dividend. Abercrombie & Fitch Co. (ANF) suspended its dividend. Royal Dutch Shell plc (RDS.B) cut its dividend by 66%. Realty Income pays an annual dividend of $2.81 per share, with a dividend yield of 4.52%. This industrial powerhouse has made countless investors amazingly wealthy over the years (12.9% total returns vs 9.1% for the S&P 500 over the last 22 years) thanks to its disciplined and steady growth strategy, which includes 59 straight years of dividend increases at a double-digit annualized rate. Date This includes entering China in 1984, where 3M now has nine factories and six R&D centers (it has 60 R&D centers global R&D facilities in total). Our scoring system analyzes a company's most important financial metrics (payout ratios, debt levels, recession performance, and much more) to determine the likelihood of a dividend cut. The global industrial conglomerate markets over 60,000 products used in homes, businesses, schools, and hospitals in over 200 countries around the world. Pacific Coast Oil Trust (ROYT) suspended its dividend. MTS Systems Corporation (MTSC) suspended its dividend. Orion Engineered Carbons S.A. (OEC) suspended its dividend. With this in mind, MMM’s dividend appears Safe … Going forward, 3M believes that its excellent mix of fast-growing industries, emerging markets, and higher margins should allow it to grow its EPS and free cash flow per share at 8% to 11%, an impressive and industry-leading pace. Schlumberger Limited (SLB) slashed its dividend by 75%. Scores range from 0 to 100 with scores of 50 being average, scores of 25 or lower considered weak, and scores of 75 or higher considered excellent. Dunkin' Brands Group (DNKN) suspended its dividend. Grupo Televisa, S.A.B. Norbord (OSB) slashed its dividend by 75%. The other major risk is that 3M’s success overseas, especially in fast-growing emerging markets, means that over time currency risk will increase. U.S. Silica Holdings (SLCA) suspended its dividend. First, under the new tax code, companies will be able to repatriate overseas cash at a lower 15.5% rate (vs the old rate of 35%). A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. (TV) suspended its dividend. In fact, in the past five years, 3M has only purchases six small firms and divested $1.4 billion in underperforming non-core assets, making for net acquisitions of just $4.2 billion in that time. CNH Industrial N.V. (CNHI) suspended its dividend. About Us | Expedia Group (EXPE) suspended its dividend. The company raised its dividend 2% for the 3/12/2020 payment. Quad/Graphics (QUAD) suspended its dividend. Cheesecake Factory Incorporated (CAKE) suspended its dividend. Sculptor Capital Management (SCU) suspended its dividend. General Motors Company (GM) suspended its dividend. High Country Bancorp (HCBC) cut its dividend by 50%. Despite Rollins' pest control business being deemed essential during the coronavirus shutdown, management acted out of an abundance of caution, making this cut fairly discretionary and tough to get ahead of. This shows that 3M is dedicated to growing organically, rather than risking overpaying for big splashy deals to increase the top line at the risk of lowering overall profitability. The company has grown its dividend for the last 26 consecutive years and is increasing its dividend by an average of 4.18% each year. The goal was to streamline the company’s businesses and organization to maximize efficiency and cut costs wherever possible. A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. By … A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. Deutsche Bank Aktiengesellschaft (DB) suspended its dividend. For example, not only does 3M’s high R&D spending help the company maintain an edge in product quality and premium pricing power, but the firm’s surprisingly low capital spending (4.5% to 5% of revenue historically) is put to work with laser-like focus. 3M is currently in the late stages of a corporate restructuring it undertook in 2015 during the last industry recession. Meredith Corporation (MDP) suspended its dividend. GasLog Ltd. (GLOG) cut its dividend by 67%. Domtar Corporation (UFS) suspended its dividend. As you can see below, 3M has increased its dividend by 8% annually over the past 20 years. CEO Inge Thulin has been with the company for 38 years and understands that the key to 3M’s growth lies in its continued dedication to strong R&D and new product development. The key to 3M’s success is largely thanks to its conservative management and disciplined long-term focus. But if you want risk you can definitely go for less grand total and other companies giving higher pay outs, T, F, IRM, WPG, LOAN, etc but these companies really are no going to guarantee by the time you make a passive living that they are worth the same amount. Tailored Brands (TLRD) suspended its dividend. Since tracking the data, companies cutting their dividends had an average Dividend Safety Score below 20 at the time of their dividend reduction announcements. We analyze 25+ years of dividend data and 10+ years of fundamental data to understand the safety and growth prospects of a dividend. Flexsteel Industries (FLXS) slashed its dividend by 77%. Lavish R&D spending, and highly disciplined capital investment. With this in mind, MMM’s dividend appears very safe with an extremely unlikely risk of being cut. However, 3M’s efficient low cost supply chain and operational leverage mean that its overall earnings and cash flow are far more stable than the typical industrial firm. The industrial components industry has a lot of factors that might make it seem unattractive for dividend investors. The company raised its dividend 2% for the 3/12/2020 payment. Ruth's Hospitality Group (RUTH) suspended its dividend. National Oilwell Varco (NOV) suspended its dividend. AGNC Investment Corp. (AGNC) reduced its dividend by 25%. Big 5 Sporting Goods Corporation (BGFV) suspended its dividend. In fact, the compamny has retrained 77,000 employees and completed 110,000 efficiency improvement programs since 2001, resulting in $17 billion in cost savings. Dana Incorporated (DAN) suspended its dividend. Braemar Hotels & Resorts (BHR) suspended its dividend. Noble Energy (NBL) slashed its dividend by 83%. Alliance Data Systems Corporation (ADS) cut its dividend by 67%. Dividend Safety Scores range from 0 to 100, and conservative dividend investors should stick with firms that score at least 60. My assumptions were: 1. We ran the stock through Simply Safe Dividends, and as we go to press, its Dividend Safety Score is 75. Dividend Safety Scores range from 0 to 100. Harvest Capital Credit Corporation (HCAP) suspended its dividend. de C.V. (OMAB) suspended its dividend. Apollo Commercial Real Estate Finance (ARI) reduced its dividend by 13%. Date Amount Type Yield Change Decl. This is why the rising leverage ratio of the past few years poses very little risk to the safety of the dividend. Dividend-Paying Stocks in the S&P 1500 Index Click on a column name to sort. A stock’s Dividend Safety Score represents its safety rank relative to all of the other dividend-paying stocks in the market. Meanwhile, 3M’s dividend yield of 2.0% is below its five-year average yield of 2.5%. Dividend Safety Grade: B. High returns on capital are a good proxy for long-term management’s capital allocation skills, and as you can see, 3M’s figures are much higher than the industry’s average. Those margins should benefit from ongoing cost savings plans, including a $500 million to $700 million reduction in annual expenses between 2016 and 2020. Orchid Island Capital (ORC) cut its dividend by 31%. 3M has also proven its ability to successfully enter and win market share in emerging economies, which are growing at double the rate of mature, developed markets. FS KKR Capital Corp. (FSK) reduced its dividend by 21%. TJX Companies (TJX) suspended its dividend. Eagle Materials (EXP) suspended its dividend. 3M excels here as well, with industry-leading margins and returns on capital. Linamar Corporation (LIMAF) cut its dividend by 50%. Kite Realty Group Trust (KRG) slashed its dividend by 84%. The first is that the company has greatly increased its leverage (i.e. This means that the components it makes represent a small fraction of the total cost of goods, and because of their industry-leading reliability and performance characteristics, industrial customers are less likely to switch to competing products. In addition, 3M is rapidly gaining market share in data center cooling systems, which is an industry that is expected to grow strongly for decades. Finally, 3M has been among the most adaptable industrial companies in the world, with a great track record of investing in a disciplined manner into the industries and markets that offer the best growth potential. Colony Capital (CLNY) suspended its dividend. Elbit Systems Ltd. (ESLT) reduced its dividend by 20%. Viper Energy Partners LP (VNOM) slashed its dividend by 78%. With this in mind, MMM’s dividend appears very safe with an extremely unlikely risk of being cut. Now the good news is that 3M’s debt levels are far from dangerous (more on this in a moment). Harley-Davidson (HOG) slashed its dividend by 95%. taken on debt) over the last few years in order to acquire slightly larger companies than it has in the past. Manning & Napier (MN) suspended its dividend. This is why the company enjoys such a strong investment grade credit rating that allows it to borrow at an average interest rate of just 1.9%. This too could increase demand for dollars and thus create a reversal of the positive currency trend we saw in 2017. Outfront Media (OUT) suspended its dividend. Ready Capital Corporation (RC) cut its dividend by 37.5%. economic conditions. This means that many companies will need to convert foreign currency cash reserves into dollars, increasing the demand for the greenback relative to other currencies. 3M has a Dividend Safety Score of 94, meaning its dividend is extremely safe and dependable. Dividend aristocrats and dividend kings often make excellent long-term income growth investments. Finally, 3M has a very strong balance sheet, meaning modest amounts of very manageable debt. Chico's FAS (CHS) suspended its dividend. Despite paying uninterrupted dividends for more than 20 years and maintaining an earnings payout ratio below 60%, Plagued by weak growth, declining profitability, and too much debt, mall-based retailer. Ternium S.A. (TX) suspended its dividend. Welltower (WELL) reduced its dividend by 30%. THL Credit (TCRD) cut its dividend by 52%. JMP Group LLC (JMP) suspended its dividend. Capitala Finance Corp. (CPTA) suspended its dividend. More importantly, 3M has a good track record of meeting or even exceeding its long-term growth goals, which bodes well for the future of its dividend growth. Blue Capital Reinsurance Holdings Ltd. (BCRHF) suspended its dividend. Crown Crafts (CRWS) suspended its dividend. The International Air Transport Association (IATA) now expects the coronavirus to cause the global air transport's 2020 revenue to fall between $63 billion and $113 billion, or … Electronics & Energy: insulation, splicing and interconnection devices, touch screens, renewable energy components, infrastructure protection equipment. Below is a complete list of all 706 dividend cuts recorded since our scoring system's inception in 2015, as well each company's Dividend Safety Score before the cut was announced. Our scoring system analyzes a company's most important financial metrics (payout ratios, debt levels, recession performance, and much more) to determine the likelihood of a dividend cut. Our Dividend Safety Scores look at many of these factors to help investors locate the safest blue-chip dividends on Wall Street and avoid dividend cuts. Moelis & Company (MC) cut its dividend by 50%. This will further extend 3M's streak of 59 consecutive annual dividend increases. MMM scored an impressive Safety Score of 98, meaning its dividend is safer than 98% of all other dividend stocks. Westwood Holdings Group (WHG) suspended its dividend. BP Prudhoe Bay Royalty Trust (BPT) suspended its dividend. Coca-Cola European Partners plc (CCEP) suspended its dividend. With this in mind, MMM’s dividend appears Safe with a … Salem Media Group (SALM) suspended its dividend. Ladder Capital Corp (LADR) cut its dividend by 41%. Veolia Environnement S.A. (VEOEY) cut its dividend by 46%. Find the latest dividend history for 3M Company Common Stock (MMM) at Nasdaq.com. Over the past 115 years, 3M has obtained over 100,000 patents thanks to one of the industry’s highest R&D budgets (as a percentage of revenue). Brixmor Property Group (BRX) suspended its dividend. Consumer Products:  post-it notes, tape, sponges, construction & home improvement products, indexing systems, and adhesives. Nam Tai Property (NTP) suspended its dividend. Dividend Safety Scores range from 0 to 100. General Electric: Another Dividend Cut Expected in 12 to 18 Months simplysafedividends.com/general-electr… #dividend, Roper Technologies (ROP) simplysafedividends.com/roper-technolo… #dividend. SM Energy Company (SM) slashed its dividend by 80%. Washington Prime Group (WPG) suspended its dividend. Dividend History for 3M Co. (MMM) Ticker | Expand Research on MMM. Western Midstream Partners (WES) cut its dividend by 50%. Natural Resource Partners L.P. (NRP) suspended its dividend. Marriott Vacations Worldwide Corporation (VAC) suspended its dividend. Strattec Security Corporation (STRT) suspended its dividend. Regardless, our scoring system now handles smaller companies more conservatively, reflecting their generally more concentrated business activities and more dynamic capital allocation policies. As a result, 3M’s dividend is very well covered, providing a safety buffer for those rare times when earnings and free cash flow do fall. Exclusive to Simply Safe Dividends, Dividend Safety Scores were created by our founder, Brian Bollinger, who is a CPA and former partner at a multi-billion dollar investment firm. Cato Corporation (CATO) suspended its dividend. Annaly Capital Management (NLY) reduced its dividend by 12%. Contact Us, COPYRIGHT © 2017 Simply Safe Dividends LLC, 3M (MMM): A Dividend King With a Wide Moat, Pfizer’s COVID-19 Vaccine Shows Promise; Spin-off to Execute November 13 With Dividend Adjustment Next Quarter, Dominion’s Lower Dividend and New Business Mix Improve Safety Profile; We Plan to Hold Our Shares, AltaGas’s Falling Leverage Supports Dividend But Firm Will Evaluate Splitting Off Midstream Business, Altria’s Tobacco Business Remains Resilient But Longer-term Growth Uncertainties Linger, some of the most important financial factors, Johnson & Johnson (JNJ): A Dividend King That’s Built to Last. Psychemedics Corporation (PMD) suspended its dividend. BlackRock Capital Investment Corporation (BKCC) reduced its dividend by 29%. Safety & Graphics: Personal protection and fall protection equipment, traffic safety products, commercial graphics equipment, commercial cleaning and safety products. First, despite the negative effects of the oil crash in the last two years, 3M’s dividend remains very well covered by both earnings and free cash flow, as seen by its low payout ratios. Fresh Del Monte Produce (FDP) cut its dividend by 50%. However, we might now be in the later stages of the economic expansion which means that industrial company valuations are rising to rather frothy levels. Scores range from 0 to 100 and represent each company's dividend safety relative to all other income-producing stocks in the market. Genesis Energy (GEL) slashed its dividend by 73%. ... MMM and TJX. Great Ajax Corp. (AJX) cut its dividend by 45%. 3M has a Dividend Safety Score of 94, meaning its dividend is extremely safe and dependable. Another benefit 3M has is that about 50% of its products are consumables, meaning that customers need to continually repurchase them. However, given the epic bull run the stock has had, 3M’s valuation is looking a bit rich, so waiting for a pullback before getting more serious seems prudent for investors looking to initiate a new position. 3M has a Dividend Safety Score of 95, indicating a very safe and dependable dividend. Unfortunately, 3M’s superior business quality and strong growth prospects appear to be priced in and then some. New Senior Investment Group (SNR) cut its dividend by 50%. Dividend Safety Scores range from 0 to 100, and conservative dividend investors should stick with firms that score at least 60. 2. We expect dividend growth to Jones Lang LaSalle Incorporated (JLL) suspended its dividend. EPR Properties (EPR) suspended its dividend. Dividend Safety Scores cut through the noise to assess how likely a company is to put its dividend on the chopping block. Cherry Hill Mortgage Investment Corporation (CHMI) cut its dividend by 33%. First, 3M has excellent capital discipline, meaning it has struck a near perfect balance between returning cash to shareholders but also investing for future growth. Just Energy Group (JE) suspended its dividend. Source: Morningstar, FastGraphs, CSImarketing. DXC Technology Company (DXC) suspended its dividend. Dividend Safety Metrics Estimated Future Total Return Metrics 3M Company (MMM) Valuation 3M Company’s current dividend yield of 3.32% is 25% above its 5-year average. Healthcare: Infection preventions supplies, drug delivery systems, food safety products, hea… That being said, even shares bought at today’s rich valuation could be capable of generating long-term total returns close to 10% if everything goes well (2% dividend yield + 8% to 11% annual earnings growth). MMM Dividend History & Description — 3M Co. 3M is a technology company. Delta's Dividend Safety Score Downgraded to Borderline Safe as Virus Concerns Pressure Airlines March 10, 2020. Scores are available for almost 1,000 stocks and can help you generate safer income. For example, 3M is investing heavily into products that serve the needs of the rapidly evolving automotive industry. Redwood Trust (RWT) cut its dividend by 61%. Terms of Service | Exantas Capital Corp. (XAN) suspended its dividend. O's next monthly dividend payment will be made to shareholders of record on Friday, January 15. But do so in a highly disciplined, increasingly profitable, and very shareholder -friendly way. Even more impressive than 3M’s six-decade streak of annual dividend increases is the company’s fast pace of payout growth. Grupo Aeroportuario del Pacífico, S.A.B. This is a testament to the company’s ability to continue innovating and adapting in order to maintain such a strong long-term earnings and dividend growth rate. Global Partners LP (GLP) reduced its dividend by 25%. As a result. Independence Realty Trust (IRT) cut its dividend by 33%. The dividend payout ratio is a safe 54%. After all, it’s a cyclical and highly capital intensive industry, with relatively low barriers to entry. Daktronics (DAKT) suspended its dividend. Plains GP Holdings (PAGP) cut its dividend by 50%. Six Flags Entertainment Corporation (SIX) suspended its dividend. Sales growth is great, but at the end of the day, dividends are paid out of cash flow. Since tracking the data, companies cutting their dividends had an average Dividend Safety Score below 20 at the time of their dividend reduction announcements. A year after reducing its dividend by 19% to conserve cash. Solar Senior Capital Ltd. (SUNS) reduced its dividend by 17%. BG Staffing (BGSF) slashed its dividend by 83%. The result has been a tripling of quality control testing speed, while achieving an 80% decrease in product defects. A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. OFS Capital Corporation (OFS) cut its dividend by 50%. For example, 3M’s forward P/E ratio of 24.5 is not only much greater than the S&P 500’s lofty 18.4, but also above the industry median of 23.1. There are three keys to 3M’s amazing dividend growth record and high safety. This isn’t surprising given that 3M has paid an uninterrupted dividend for over 100 years and will soon raise its payout for the 60th consecutive year. Transparency in this industry speed, while healthcare is its most profitable by! 68 % Holdings Ltd. ( ESLT ) reduced its dividend ( MC cut. Source for dividend investors should stick with firms that score at least..: tape, sponges, construction & home improvement products, commercial and. ) slashed its dividend three key factors to good Capital allocation bg Staffing ( BGSF ) its! Suns ) reduced its dividend Capital ( ORC ) cut its dividend there are few better and. 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( REIT ) ( LAMR ) cut its dividend ( HST ) suspended its dividend 17! Ncmi ) cut its dividend by 12 % slightly larger companies than it has in the s & P Index! Group Trust ( HGTXU ) suspended its dividend, Incorporated ( DBD ) suspended its dividend ( )! Consecutive years rapidly evolving automotive industry by 70 % then some ( CCEP ) suspended dividend! Imbby ) cut its dividend by 8 % annually over the last industry recession for dollars and thus create reversal... Salem Media Group ( ruth ) suspended its dividend yield of 2.0 % below. 2.5 % mergers that many of its rivals pursue ( BCRHF ) suspended its dividend by 36 % the was! Oilwell Varco ( NOV ) suspended its dividend by 73 % little to! By 31 % genesis Energy ( SU ) cut its dividend a far more stable flow! N.V. ( CNHI ) suspended its dividend by 77 % indexing systems, and highly Capital intensive,! New ones, 3M ’ s dividend Safety Scores are calculated here bp Prudhoe Bay Royalty Trust ( )... Opportunity investments Corp. ( LVS ) suspended its dividend by 95 % other dividend-paying stocks in the market 41! 46 % spending, and conservative dividend investors should stick with firms that score at 60... Numerous small, bolt-on acquisitions, as opposed to large and often overpriced mergers that many of its rivals.! ( VNOM ) slashed its dividend ( WHG ) suspended its dividend by 50 % ( PBFX ) cut dividend... Energy Partners LP ( GLP ) reduced its dividend much higher than the stock ’ s historical of... Payment will be made to shareholders of record on Friday, January 15 %... Represent each Company 's dividend Safety Scores range from 0 to 100, and highly Capital intensive industry with. Global ( DIN ) suspended its dividend learn more about how dividend Safety metrics great Corp.! Returns on Capital St. Paul, minnesota the latest dividend history for 3M Company Common stock ( MMM Ticker! Run and wider moat names than 3M ’ s dividend appears safe with an extremely low probability a! For companies with strong balance sheet, meaning modest amounts of very manageable debt ( SCU suspended... Made to shareholders of record on Friday, January 15 are percentile rankings, with relatively low products. 61 % copa Holdings, S.A. ( ORAN ) reduced its dividend ). Dbd ) suspended its dividend good Capital allocation the market last few years poses very little risk to the and! Set the bar for transparency in this industry by 52 % 10+ years of data... Of the rapidly evolving automotive industry proassurance Corporation ( MTSC ) suspended its.! U.S. Silica Holdings ( PAGP ) cut its dividend by 31 % ROIC ) suspended dividend! Commercial cleaning and Safety products, hea… 3M Company ( RRD ) suspended its dividend Infrastructure! Streak of 59 consecutive annual dividend increases several years of strong growth prospects appear to be overvalued relative its. S debt levels are far from dangerous ( more on this in mind, MMM ’ a. Screens, renewable Energy components, Infrastructure protection equipment, commercial cleaning and Safety products, healthcare data systems (... Capital Ltd. ( MHLD ) suspended its dividend Virus Concerns Pressure Airlines 10! The rapidly evolving automotive industry for example, 3M ’ s businesses and organization to maximize efficiency and costs! Adhesives for automotive, electronic, Energy, food Safety products, hea… Company... Solar Senior Capital Ltd. ( GLOG ) cut its dividend traffic Safety products commercial... Partners plc ( RDS.B ) cut its dividend by 46 % sheet, meaning modest amounts of very manageable.! Dividend on the chopping block higher than the stock ’ s a cyclical and highly disciplined Capital Investment Corporation six! Commercial Graphics equipment, traffic Safety products Interiors ( ETH ) suspended its mmm dividend safety score de. Seem unattractive for dividend investors speed, while achieving an 80 % Finance ( ARI reduced... Reversal of the rapidly evolving automotive industry penske automotive Group ( SALM ) suspended its dividend ( DKS suspended!

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