MMM

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More than a century ago, 3M Company started as a small-scale mining venture in Northern Minnesota, then named Minnesota Mining and Manufacturing Company. Now a global powerhouse, 3M operates in the fields of industry, worker safety, US health care, and consumer goods. MMM has reached market capitalization of $114 billion. Don’t forget to check MMM life chart.

Fun fact: MMM’s first product was sandpaper, and now the company is so big that it is part of the S&P500 index. 3M, as it became familiarly known, grew steadily, adding waterproof sandpaper, adhesive cellophane tape, masking tape, and desktop photocopiers, among other goods, to its product line. In the early 21st century the company, which formally adopted its nickname in 2002, produced materials designed to enhance visual displays and graphics in items such as highway road signs and liquid crystal display (LCD) screens; manufactured consumer and office products, including adhesive tape and notepaper.

How to buy stocks online with FBS?

You can trade contracts for difference (CFDs) on 3M stock. CFDs reflect the MMM stock price movement. It allows you to trade in both directions. In other words, you can gain from the price going up as well as from it going down.

You can also use leverage. This means that with only a small amount of money you can control much bigger financial positions. Always remember that leverage allows you to multiply your account. On the downside, you may lose a considerable part of it if the market goes against your trades.

What drives the MMM stock price?

3M is one of the dividend aristocrats. The Dividend Aristocrats are S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more. As for 3M, the company has 3% dividend yield as of 2021. On each stock you will have as much as $5.92 annually (until 3M changes yield once again). Learn how to earn dividends from stocks and trade on the dividend gap! In order not to miss the next MMM dividend, make sure you checked out our dividend calendar.

Another factor that can affect 3M stock price is (of course) earning reports. The last report from July 27 wasn’t very good for the MMM stock price, although the EPS and reported revenue exceeded the expectations.

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2021-09-14 • Updated

Frequently asked questions

  • How to open an FBS account?

    Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading. 

  • How to withdraw the money you earned with FBS?

    The procedure is very straightforward.  Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.

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  • How to activate Level Up Bonus?

    Open Level Up Bonus account in web or mobile version of FBS Personal Area and get up to $140 free to your account.

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