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Second on the Dow is 3M Co (NYSE:MMM), up 1.4% to $106.29 on no real news. Yesterday, 3M Co (NYSE:MMM) presented at the Bank of America Merrill Lynch Global Industrials and EU Autos Conference. The company highlighted its 22% average ROIC over the past 10 years, its market-leading businesses, its growth in emerging markets, its long-term dividend track record, and its success at continuing to innovate, which is evidenced by the fact that products introduced in the past five years accounted for 33% of sales. 3M Co (NYSE:MMM) has one of the longest dividend histories in the market, having paid dividends without interruption for 96 years. The company also has raised its dividend every year for the past 55 consecutive years. This year is no different: In February, 3M Co (NYSE:MMM) nnounced an 8% boost to its dividend, resulting in a quarterly dividend of $0.635 per share for a yield of 2.4%.
Third for the Dow today is Wal-Mart Stores, Inc. (NYSE:WMT), up 1.4%. Wal-Mart was also a top-three Dow stock yesterday thanks to positive unemployment data. Wal-Mart’s momentum continues today on no news of note. Fool analyst Matt Koppenheffer recently talked about why Wal-Mart is one of his top two holdings; you can hear him explain here.
The article Today’s Top 3 Dow Stocks originally appeared on Fool.com.
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