In this video, Motley Fool contributor Jason Hall breaks down the positives 3M (NYSE: MMM) as well as the reasons why dividend investors should avoid the stock. He also shares a high-yield dividend stock that he thinks is a much better buy right now. Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC).
*The stock prices used were as of the afternoon of May 17, 2024. The video was published on May 17, 2024.
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Jason Hall holds positions in Brookfield Infrastructure and Brookfield Infrastructure Partners. The Motley Fool recommends 3M and Brookfield Infrastructure Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through their link, they will earn some extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.
Why You Might Regret Buying 3M Stock: 1 Better High-Yield Dividend Stocks to Buy Now was originally published by The Motley Fool
