SOURCE: The Bedford Report

The Bedford Report

May 24, 2011 08:16 ET

Investors Turn to Dividend Paying Conglomerates as Markets Show Volatility

The Bedford Report Provides Analyst Research on General Electric and 3M

NEW YORK, NY--(Marketwire - May 24, 2011) - With the markets showing volatility this month, investors are looking for safe havens. High yielding dividends plays traditionally get attention during hectic times in the market as investors are more likely to believe in the company's security and real earnings power. With conglomerates such as General Electric and 3M posting steady profits in recent quarters, both companies have once again focused on returning capital to shareholders. The Bedford Report examines the outlook for companies in the Conglomerates Industry and provides research reports on General Electric Co. (NYSE: GE) & 3M Co. (NYSE: MMM). Access to the full company reports can be found at:

www.bedfordreport.com/2011-05-GE
www.bedfordreport.com/2011-05-MMM

Presently General Electric pays an annual dividend of sixty cents for a yield of around 3.10 percent. GE has boosted its dividend three times in the last year as large-equipment orders and a rebound in the company's finance unit has helped improve profits. The company's Chairman and Chief Executive Jeff Immelt called the latest dividend increase a show of confidence in GE's outlook, adding that the company aims to eventually return to its pre-recession tradition of predictable, annual increases.

The Bedford Report releases regular market updates on the Conglomerates Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

3M currently pays an annual dividend of $2.20 per share for a yield of around 2.4 percent. In the company's most recent earnings announcement the conglomerate said it expects to earn between at $6.27 to $6.47 per share this year, excluding an increase in pension and postretirement benefits. 3M attributed the improved outlook to newer products like materials used in screens for tablet computers like Apple's iPad.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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