3M's Financials Are Improving. Is That Enough to Save This Dow Stock's 6%-Yielding Dividend?
3M (MMM 0.01%) has faced a lot of challenges over the past few years that have weighed heavily on its share price, which has driven up its dividend yield. At around 6.3%, 3M currently offers one of the highest dividend yields in the venerable Dow Jones Industrial Average. On the bright side, 3M's financials have started to improve. Here's a look at whether that will be enough to save the Dow stock from cutting its big-time dividend.A year of improvement3M recently reported its fourth-quarter and full-year r ...