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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (10987)2/8/2012 8:50:14 AM
From: Triffin  Read Replies (1) | Respond to of 34328
 
MMM boosts dividend payout by 7% ..

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The Board of Directors of 3M (NYSE: MMM - News) today declared a dividend on the company’s common stock of 59 cents per share for the first quarter of 2012, a 7 percent increase over the quarterly dividend paid in 2011. The dividend is payable on March 12, 2012, to shareholders of record at the close of business on February 17, 2012. 3M has paid dividends to its shareholders without interruption for more than 95 years.

“This increase reflects the company’s solid financial performance and our confidence in our future,” said George W. Buckley, 3M chairman, president and CEO. “Our strong cash generation and the strength of our business model allow us to continue investing in future growth opportunities while also returning significant cash to shareholders.”

During the past five years the company returned more than $7 billion to shareholders through dividends.

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Triff ..



To: Triffin who wrote (10987)8/24/2015 7:21:43 PM
From: E_K_S  Read Replies (4) | Respond to of 34328
 
AGL Resources Inc. (GAS)

Not sure you saw this but this steady dividend payer was just acquired for $66.00/share cash. Very nice to see this stock up 28% when the rest of the market was melting down. Need to find another good dividend payer. Maybe s/d put the proceeds into Southern Company (SO)? What do you think? I was also looking at Dominion Resources, Inc. (D. SO pays a high dividend 4.7% vx D's 3.7%)

Southern Co. Creates No. 2 Utility With AGL Buy


Electricity provider Southern Co. said Monday it will buy natural gas distributor AGL Resources, creating the second-largest utility company in the U.S. based on the number of customers, behind only Exelon.Southern (NYSE:SO) will pay $66 cash per AGL (NYSE:GAS) share.
The enterprise value of the deal is approximately $12 billion, according to the companies, including debt of $8 billion.

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EKS