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3M

Discuss Stock buying Shares, tips and ideas for stock market dealing
bluedonkey
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Re: 3M

#141029

Postby bluedonkey » May 24th, 2018, 5:06 pm

What's the yield please?

Lootman
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Re: 3M

#141037

Postby Lootman » May 24th, 2018, 5:23 pm

bluedonky wrote:What's the yield please?

It's fun to able to work it out from the raw date rather than rely on others. Here is the dividend history:

https://finance.yahoo.com/quote/MMM/his ... equency=1d

Since the share price is around 200 that gives you a current yield of 2.7%

onslow
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Re: 3M

#141111

Postby onslow » May 24th, 2018, 11:54 pm

If you're looking at US industrials - particularly those with an economic moat with little competition & high barriers to entry - look at General Electric.

World leading positions in Aviation, Heathcare and Power generation. Power is going through a down "cycle" at the moment but unless the entire world turns to solar and wind generation by 2020 power stations will still need large turbines.

2 out of three jets have GE engines, a third of all electricity in the world is generated by GE turbines, and they have over a million healthcare devices(scanners, MRI, xray machines etc). All 3 segments have a lot of nice, reoccurring, service revenue.

DYOR,however yielding 3.5% is good for a US share. You can get it paid tax free if you hold it in certain SIPPs.

flyer61
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Re: 3M

#141144

Postby flyer61 » May 25th, 2018, 8:16 am

Like you ap8889 I have recently made my first purchase of 3M (MMM) and will continue to add. If you fancy a bank, have a look at Wells Fargo (WFC).

If you are looking for more yield and shares that are well off recent highs have at look at either Pepsico (PEP) or Philip Morris (PM). Another one (non Amercian) worth a look is KONE.


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