Better Dividend Buy: Procter & Gamble vs. 3M

Between them, Procter & Gamble (NYSE: PG) and 3M (NYSE: MMM) have 120 years of consecutive annual dividend raises under their belts. Those amazing track records are a testament to the entrenched market positions that these two Dow giants command.

They aren't interchangeable income investments, though. Below, we'll look at why a dividend investor might prefer to buy one of these stocks over the other right now.

Image source: Getty Images.

Source: Fool.com