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Posted by Martin November 02, 2023

Technical view: 3M Company (MMM)

  MMM is in stage #4 but attempting to create a new base (forming to stage #1). Lately the stock went from an all-time high of $250 a share to last week’s close at $87.52 a share (over 65% decline since 2017). I bought this stock for $202 a share when it first dipped thinking Continue reading →

Posted by Martin February 14, 2019

MMM increased dividend by 5.88%

MMM increased the dividend by 5.88% making this dividend champion‘s 61st consecutive dividend increase. The old dividend rate was 5.44 annual dividend payout (1.36 quarterly), the new rate is 5.76 (1.44 quarterly). Our current fair value of the company is $191.49 a share so at the current price of 206.57 the stock is overvalued and Continue reading →