Anyone have the full article of https://www.barrons.com/articles/3m-stock-dividend-safe-51662058756
Title is "3M’s Next Problem For Investors Could Be The Dividend."
6 replies (most recent on top)
Once spin off and cut dividend, the RemainCo share price will drop below $50. Condolences to those hoping to retire on 3M shares
Kiss dividend goodbye at the spin.
You are posting an article from September 2022, trying to create fear??? With the PFAS and CAEv2 settlements, and strong cash flow (unfortunately from the 10% headcount reduction) 3M's dividend is safe. Company management continues to say as much, that dividend is #2 priority after R&D + CapEx (#3 and #4 priorities are acquisitions and share repurchase).
Mikey doesn’t want to be the guy to cut a long standing dividend increase record. His legacy will go down in bad name.
Not much has changed on dividend in a year. Surprised it has not already been cut.
https://archive.ph/EFzqN