Investors Look for Dividend Hikes From General Electric and 3M This Earnings Season
The Paragon Report Provides Equity Research on General Electric and 3M
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/13/11 -- With the markets in the midst of a correction, investors are looking at high yielding dividend plays as 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 Paragon Report examines investing opportunities in the Conglomerates Industry and provides equity research on General Electric Co. (NYSE: GE) and 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 steadily improved following the recession. In the long-term, the company's Chairman and Chief Executive Officer, Jeff Immelt, said 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 Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Conglomerates Industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Presently, General Electric pays an annual dividend of 60 cents a share, for a respectable yield of around 3.7 percent.
3M currently pays an annual dividend of $2.20 a share for a yield of 2.7 percent. Last month 3M Food Safety introduced a new test for Lactic Acid Bacteria, called the Aerobic Procedure. In this test, a special combination of the 3M™ Petrifilm™ Aerobic Count Plate, a pH indicator and MRS media is mixed with food and environmental samples to count the presence of lactic acid bacteria.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon 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: 13.10.2011 - 12:16 Uhr
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