Will 3M Raise Its Dividend in 2017?

Dow component 3M (NYSE:MMM) has a sterling reputation for coming up with groundbreaking products. Serving a wide range of industries, 3M (MMM) has also made dividend growth a key element of its long-term success. The conglomerate has one of the longest streaks of annual dividend increases in the stock market, making 3M (JNJ) one of the premier stocks among the Dividend Aristocrats list of companies that have made dividend boosts for at least a quarter-century. Many dividend investors count on that dividend growth, and so they want to know whether they can expect a higher payout from 3M (JNJ) this year. Let’s take a closer look at 3M (JNJ) to see whether it will raise its dividend in 2017.

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