With Billions in Legal Settlements Coming, Is 3M's Dividend About to Get Cut?
For much of the 20th century, 3M (NYSE: MMM) was an engine of growth and innovation.
The company was the inventor of popular consumer products like Scotch tape and Post-it notes, as well as a wide range of industrial, electronic, and healthcare components, including adhesives, abrasives, and chemicals.
More recently, however, the stock has been a value destroyer for investors. 3M shares peaked in 2018, and as you can see from the chart below, the stock is actually down over the last 10 years.
Source Fool.com
