It’s official. 3M cut its dividend significantly. The materials company declared a dividend of 70 cents per share on Tuesday evening. That’s down from the prior quarter’s dividend of $1.51.

ST. PAUL, Minn., Nov. 5, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the fourth quarter of 2024.

I sold my shares in 3M because it cut its dividend earlier this year. I'm using some of the proceeds to buy Whirlpool. The iconic appliance maker offers a high-yielding dividend backed by an ...

This year, some notable companies have cut or eliminated their dividends. For example, former stalwarts Walgreens and 3M ended decades-long streaks of dividend growth with deep cuts to their payouts.

well-known companies that miss a year of dividend increases will be removed from the list, such as 3M Corp. Annual dividend increases are a reliable indicator of a company’s fiancial strength ...

But don’t buy them just because they are among the dividend royalty. Due diligence is still needed. 3M (NYSE:MMM) was a Dividend King that slashed its payout in half as sluggish sales and ...

On average, sell-side analysts anticipate that 3M will post 7.24 EPS for the current fiscal year. The firm also recently announced a quarterly dividend, which was paid on Thursday, September 12th.

We recently published a list of 10 Best Innovative Stocks that Pay Dividends. In this article, we are going to take a look at where 3M Company (NYSE:MMM) stands against the other best innovative ...

The Chairman of the Board of the company, Kofi Brako, announced this at the Fourth Annual General Meeting (AGM) of the ...

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3M had been one of the most reliable dividend stocks around. Its more than a half-century history of dividend increases had it in the elite group of Dividend Kings. However, a series of issues ...