Will 3M Raise Its Dividend in 2018?

Will 3M Raise Its Dividend in 2018?

Some companies are known by just a handful of products, and for many people, 3M (NYSE: MMM) will forever be associated with the Post-It Note. Yet the company goes well beyond consumer products like Scotch tape to provide sophisticated products that its industrial customers use in areas from energy and manufacturing to healthcare to enhance their own business operations.

In addition to its long-term success, 3M has also made dividends a priority. As a Dividend Aristocrat, 3M has distinguished itself by making dividend increases annually through good times and bad. Now that more favorable business conditions have come, investors have high hopes that the conglomerate will remain true to its reputation. Let's look more closely at 3M to see whether it's likely to raise its dividend in 2017.

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Source: Fool.com