Once a Dividend King, 3M (NYSE: MMM) has cut its dividend. There are a number of reasons for the move, but there's one factor investors should pay particular attention to. Here's why dividend ...
It's been a while, but 3M (NYSE: MMM) finally and formally cut its dividend recently, approving a dividend of $0.70 for the second quarter, down from the previous quarterly payment of $1.51.
Management hasn't given a figure for the new dividend, but it will be declared in May. However, we do know it will be "approximately 40% of adjusted free cash flow," according to Executive Chairman ...
3M's dividend cut appears to be cheered rather than jeered. 3M's earnings report provides more positives than we have seen in quite some time, especially when it comes to improved profitability. We ...
3M (NYSE: MMM) is a company that most people know about but few fully understand. Going well beyond its most visible products like Post-It Notes and Scotch tape, 3M has its fingers in a huge number of ...
There is great comfort to be found in regular, reliable dividend payouts – especially in times of economic uncertainty. But finding shares that can pay them isn't easy. High yields may seem tempting, ...
This week's dividend activity included increased payouts from Simon Property (SPG) and Penske Automotive (PAG) as well as declarations from companies such as Lockheed Martin (LMT) and 3M (MMM).
The wealth-building power of compound interest will never cease to amaze me. It's a story of patience and attention to detail, where small, short-term differences add up to massive divergence over ...
It was no secret that 3M would cut its dividend since management had told investors it intended to pay 40% of its adjusted free cash flow (FCF) in dividends this year. As such, investors already know ...