The industrial giant is in restructuring mode and looks a good value now there's more clarity around its dividend policy.
As expected, 3M plans to reset its dividend after spinning off its healthcare unit.
3M's strategic changes and dividend cut may finally give the company flexibility to grow.
The S&P 500 Index ($SPX ) (SPY ) is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. The market is mixed the FOMC was...
3M has shown that cutting the dividend may not be a bad idea.
June S&P 500 E-Mini futures (ESM24) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.73% this morning as mixed earnings and the prospect of higher-for-longer U.S. interest rates...
Asian stocks fall with most of the markets in the region closed for a holiday after U.S. stocks closed out their worst month since September
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.92%. US stock indexes...
MMM earnings call for the period ending March 31, 2024.
3M (MMM) delivered a surprisingly robust quarterly performance, surpassing Wall Street profit estimates thanks to strategic price increases and significant cost reductions. This announcement sparked a...