If some analysts are correct the liability will be in the tens of billions. What will that do to their dividend? 3M is defending itself against allegations that chemicals and products it has made for decades have contaminated drinking water and pose health risks. Legal and industry analysts expect 3M to be engaged for years…

Caterpillar (CAT) has a current dividend yield of 2.32% and is rated as “Very Safe” by SimplySafeDividends. I hold CAT in my Low Yield Portfolio. In total CAT is 1.0% of my portfolio. The maker of construction and mining equipment said Tuesday that its existing office in Irving, Texas, a suburb of Dallas, would serve…

This is Caterpillar’s 28th straight year for increasing their dividend. Caterpillar has restructured its business in recent years and reduced their manufacturing footprint by almost 30%. Streamlining their organization reduces costs and gives them a healthier cash flow. Caterpillar seems to be in a strong position to ride out any potential recession and maintain its…

3M (MMM) has a current dividend yield of 3.91% and is rated as “Safe” by SimplySafeDividends. I hold MMM in my Low & Medium Yield Portfolios. In total MMMis 1.1% of my portfolio. The St. Paul, Minn., manufacturing conglomerate said the investment is aimed at advancing remedial actions for the Zwijndrecht community near the city…