How This Dividend Aristocrat Earns Cash

The following video is part of our "Motley Fool Conversations" series, in which Austin Smith discusses topics across the investing world.

In today's edition, Austin talks about one of his favorite highly diversified companies, 3M. Despite its massive size, it still maintains a reputation for technological innovation and market place dominance -- and with good reason. The company lays claim to almost 50,000 products, many of them daily essentials like Post-It notes. That's just one way 3M's able to maintain its impressive 2.7% dividend yield and still increase payouts as long as it has. In fact, it's raised dividend payments for so long that it's achieved the illustrious title of "dividend aristocrat."

As impressive as 3M's dividend track record is, though, it still didn't make the grade for our free report: "9 Rock-Solid Dividends." You can learn about those companies that did, though -- just click here to read more.

At the time thisarticle was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Johnson & Johnson.Motley Fool newsletter services recommendJohnson & Johnson and 3M. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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