Dividends From General Electric and 3M -- A Safe Haven Strategy
The Bedford Report Provides Investment Research on General Electric & 3M
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/23/11 -- With the markets in the midst of a correction, investors are looking at high yielding dividend plays safe havens. During the financial meltdown, several conglomerates were forced to cut their hefty dividend payments; however, after posting improved profits in recent quarters, many industry heavyweights have begun returning more value to shareholders. The Bedford Report examines the outlook for companies in the Conglomerates Industry and provides equity research on General Electric Co. (NYSE: GE) & 3M Co. (NYSE: MMM). Access to the full company reports can be found at:
Prior to the second quarter, General Electric had raised its dividend in the three previous quarters as earnings have steadily improved following the recession. In the long-term, the company's Chairman and Chief Executive Jeff Immelt says the company aims to eventually return to its pre-recession tradition of predictable, annual increases in dividends.
General Electric slashed its dividend during the recession following catastrophic losses from its financial arm. While the payout has since been raised, it is still less than half of where it was before the crisis.
The Bedford Report releases investment research on the Conglomerates Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Presently General Electric pays an annual dividend of sixty cents a share, for a respectable yield of around four percent.
3M currently pays an annual dividend of $2.20 a share for a yield of 2.9 percent. Last month the company said second-quarter profit rose 3.4 percent as slowing demand for films for LCD televisions dampened strong growth in its other businesses. Revenue rose 14 percent to a record $7.68 billion.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 23.08.2011 - 12:16 Uhr
Sprache: Deutsch
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