Better Buy: 3M or Stanley Black & Decker?

Better Buy: 3M or Stanley Black & Decker?

Right now, 3M (NYSE: MMM) and Stanley Black & Decker (NYSE: SWK) are both trading with historically high yields, suggesting they are cheaply priced. Stanley Black & Decker's yield is around 3.3% today. 3M's dividend yield is roughly 4%.