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How Safe Is 3M's Dividend?


How Safe Is 3M's Dividend?

Conglomerate 3M (NYSE: MMM) has a wide variety of businesses that span several different sectors of the economy. From its much-lauded Post-It Notes to important niche offerings in fields like technology, healthcare, energy, and aerospace, 3M has been able to use its innovation to grow and share its profits with investors through rising dividends. With a solid dividend yield and good prospects ahead, investors want to know whether they can rely on 3M's dividend going forward. The following analysis looks at 3M and the aspects that can tell you whether the dividend is likely to be safe in the future.

Current Quarterly Dividend Per Share

$1.175

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Source: Fool.com

3M Company Stock

€157.25
-0.220%
3M Company shows a slight decrease today, losing -€0.350 (-0.220%) compared to yesterday.
Our community is currently high on 3M Company with 19 Buy predictions and 7 Sell predictions.
However, we have a potential of -0.79% for 3M Company as the target price of 156 € is below the current price of 157.25 €.
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