5 Best Dow Jones Dividend Stocks According to Analysts

3. 3M Company (NYSE:MMM)

Upside Potential as of February 22: 15.8%

An American multinational conglomerate, 3M Company (NYSE:MMM) is next on our list of the best dividend stocks. The company holds a 66-year streak of consistent dividend growth and pays a quarterly dividend of $1.51 per share. The stock’s dividend yield on February 22 came in at 6.59%.

At the end of the fourth quarter of 2023, 62 hedge funds tracked by Insider Monkey owned stakes in 3M Company (NYSE:MMM), growing from 54 in the previous quarter. These stakes are collectively valued at over $1.75 billion.

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