3M Company (NYSE:MMM) Citi's 2024 Global Industrial Tech and Mobility Conference February 21, 2024 8:50 AM ET Company Participants Mike Roman - Chairman and Chief Executive Officer Monish Patolawala - President and Chief Financial Officer Conference Call Participants Andrew Kaplowitz - Citi Andrew Kaplowitz Good morning, everyone. Welcome to Day Two of our conference. We are very excited to have 3M Corporation with us today. We're very excited to have Mike Roman, who is the chairman and CEO. Mike joined 3M ...

Solventum anticipated to spin off from 3M on April 1, 2024 ST. PAUL, Minn., Feb. 21, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for the planned spin-off of its Health Care business as the newly independent health care company Solventum. Solventum is anticipated to spin off from 3M on April 1, 2024, subject to final approval from the 3M Board of Directors and other required conditions. Solventum has ...

3M (MMM -1.22%) recently declared its latest dividend. There was little fanfare around that raise because it has been commonplace for the industrial giant. It has paid dividends to its shareholders without interruption for over a century, while increasing its payout for more than 60 consecutive years. That streak puts 3M in the elite group of Dividend Kings, companies with 50 or more years of dividend growth. Meanwhile, its latest raise pushes its dividend yield up to 6.6%, one of the highest levels in the ...

Maryna Terletska/Moment via Getty Images The SPDR S&P Dividend ETF (NYSEARCA:SDY) is a passively managed ETF seeking to provide yield and capital appreciation to its investors rather than focusing only on yield. SDY tracks the S&P High Yield Dividend Aristocrats Index ("Index"), which is comprised of the highest yielding S&P Composite 1500 of stocks that have increased their dividends for at least 20 consecutive years. Companies that have increased dividends for over two decades provides a measure of qualit ...

3M Co. Scotch brand tape arranged in Germantown, New York, US, on Monday, Oct. 23, 2023. ... [+] Photographer: Gabby Jones/Bloomberg© 2023 Bloomberg Finance LP3M (NYSE: MMM) reported its Q4’23 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $8.0 billion and earnings of $2.42 on a per-share and adjusted basis, compared to the consensus estimates of $7.7 billion and $2.31, respectively. While MMM stock has been under pressure in recent quarters amid ...

Industrial conglomerate and world-renowned dividend stock 3M Company (MMM -0.04%) has suffered a fall from grace that's taken shares over 60% from their highs, last seen in early 2018.The culprit? An expensive and catastrophic double-whammy of class action lawsuits for defective earplugs used in the military and contaminated drinking water supplies due to PFAS ("forever") chemicals 3M has manufactured for decades. The settlements will combine for at least $16 billion, a financial dark cloud hanging over the ...

3M (MMM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of Post-it notes, industrial coatings and ceramics have returned -13.9% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Diversified Operations industry, to which 3M belongs, has gained 2.8% over this period. Now the key question is: Where could the stock b ...

Retirement planning is a vital phase of life (the climax) that demands careful strategic investment decisions. Among vast investment options, high-yield dividend stocks for retirement are ideal for stability and consistent income. The article explores seven high-yield dividend stocks for retirement. The listed stocks could lead to predictable retirement income from telecommunications and hospitality to pharmaceuticals and real estate investment trusts (REITs).On the list, three stocks in the telecommunicati ...

ST. PAUL, Minn., Feb. 7, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor events: Citi's 2024 Global Industrial Tech and Mobility Conference on Wednesday, Feb. 21, 2024. Mike Roman, Chairman and Chief Executive Officer, and Monish Patolawala, President and Chief Financial Officer, will speak at 8:50 a.m. EST. Barclays 41st Annual Industrial Select Conference on Thursday, Feb. 22, 2024. Mike Roman, Chairman and Chief Executive Officer, and Monish Patolawala, President and Chief Fin ...

Buy low and sell high is an old investing adage that every investor aspires to achieve. One of the simplest ways to do that is by stable stocks when they are underpriced. That is precisely what the dividend stocks discussed here are — stable and underpriced.Of course, stocks only fall when overall market perception is bearish. Thus, investing in these undervalued dividend stocks will require something of a contrarian perspective. However, it bears repeating that these stocks are both reliable and cheap. The ...