General Electric and 3M -- Steady Dividends in a Hectic Market
The Paragon Report Provides Equity Research on General Electric & 3M
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/23/11 -- The Paragon Report examines investing opportunities 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:
Dividend paying companies are attracting a lot of attention right now. Investors usually count on dividend paying stocks during hectic times in the market believing in the company's security and real earnings power. 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.
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 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 sixty 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 2.8 percent. 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 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
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.09.2011 - 06:16 Uhr
Sprache: Deutsch
News-ID 1040253
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Commercial & Investment Banking
Anmerkungen:
Diese Pressemitteilung wurde bisher 64 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"General Electric and 3M -- Steady Dividends in a Hectic Market
"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
