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DewDiligence

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DewDiligence

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Re: DewDiligence post# 6441

Sunday, 02/10/2013 7:12:12 AM

Sunday, February 10, 2013 7:12:12 AM

Post# of 30545
3M raises dividend for 55th (!) consecutive year:

http://finance.yahoo.com/news/3m-increases-dividend-8-percent-212200528.html

The new annualized payout will be $2.54 (up from $2.36); at the current share price, the new payout represents a dividend yield of 2.5%.

3M also announced a $7.5B share-buyback program, although there is no specified time period for the buying.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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