SOURCE: The Bedford Report

The Bedford Report

December 07, 2011 08:16 ET

Steady Dividends From General Electric and 3M Co -- A Safe Haven Strategy for 2012

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

NEW YORK, NY--(Marketwire - Dec 7, 2011) - With interest income disappearing for investors as the Federal Reserve keeps interest rates near zero, financial advisors are turning their attention to dividend income as a means to provide cash flow to retired clients. Several conglomerates paid steady dividends, during the financial crisis, and with the economic recovery showing signs of strengthening, many firms in the industry are starting to post stronger results. The Bedford Report examines the outlook for companies in the Conglomerates Industry and provides equity research on General Electric Co. (NYSE: GE) & 3M Co. (NYSE: MMM). Access to the full company reports can be found at:

www.bedfordreport.com/GE

www.bedfordreport.com/MMM

Currently 3M Co pays an annual dividend of $2.20 per share for a steady yield of around 2.8 percent. Last month the company was awarded a multi-year contract to provide retro-fit cable pathways in support of Australia's National Broadband Network (NBN). This national initiative will provide a new, wholesale-only, open access high-speed broadband network to all Australia residents.

3M's pathways will be used to provide fiber connectivity to multi-dwelling units when residents and business owners order a service from their telecommunications providers.

The Bedford Report releases investment research 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.

General Electric currently pays an annual dividend of sixty cents for a yield of approximately 3.7 percent. Last week General Electric Co and Rolls Royce announced that they will end a self-funded program to build an alternate engine for Lockheed Martin Corp's F-35 joint strike fighter. The companies are giving up on what they had said could be a $100 billion market. "The decision, reached jointly by GE and Rolls-Royce leadership, recognizes the continued uncertainty in the development and production schedules for the JSF program," the companies said.

President Obama and the Department of Defense have stated that funding a second engine was not a priority and refused to place it in the defense budget.

The Bedford Report provides Market 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 companies. 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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