3M Company (MMM) operates as a diversified technology company worldwide. This dividend king has paid dividends since 1916 and increased distributions on its common stock for 55 years in a row.
The company’s last dividend increase was in February 2012 when the Board of Directors approved a 7.30% increase to 59 cents/share. The company’s largest competitors include General Electric (GE), Carlisle (CSL) and Raven Industries (RAVN).