Recent Buy - MMM

I purchased 12 shares of 3M Company (MMM) on 9/18/15 for $140.35 per share. 

This is a new position and the intention is to make 3M a core holding i.e. buy incrementally until I have approximately 50 - 70 shares.

Dividend Yield = 2.92%
Annual Payout = $4.10
Payout Ratio = 52.8%
Dividend Growth = 56 years
52 Week High = 03/02/2015| 170.50
% Off 52 Week High = -21.48%
Beta (5 Yr) = 1.1
Payable = $1.025 - QRTR
Transaction fees = $7


This purchase adds $49.20 to my annual dividend income, based on the current $1.025 quarterly dividend.

My dividend stock portfolio will pay $844.44 in dividends over the next 12 months.