5 Highest Yielding Dividend Stocks in the Dow

2. 3M Company (NYSE:MMM)

Dividend Yield as of February 12: 6.39%

3M Company (NYSE:MMM) is a multinational conglomerate corporation that operates in various sectors, offering a diverse range of products and services. The company declared a 0.7% increase in its quarterly dividend to $1.51 per share on February 6. Through this hike, the company stretched its dividend growth streak to 66 years, which makes MMM one of the highest yielding dividend stocks on our list. The stock’s dividend yield on February 12 came in at 6.39%.

The number of hedge funds tracked by Insider Monkey owning stakes in 3M Company (NYSE:MMM) grew to 54 in Q3 2023, from 45 in the previous quarter. The collective value of these stakes is more than $818.6 million.

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