The first quarter of 2024 showed encouraging results, driven by operational performance, resulting in the declaration of a quarterly dividend. The spin-off of its healthcare business and solventum unit, renamed Solventum post spin-off, may contribute to delivering shareholder value.
Several analysts have varying forecasting opinions, and despite some share price challenges, there are reasons to hold 3M in the portfolio. However, some fear dividend cuts, suggesting it may break with its 64-year tradition. Even after dividend slash, some analysts believe 3M is still a viable investment, while others recommend caution due to potential downside risks and before notable corporate changes.
3m Company MMM News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Sun, 07 Jul 2024 13:56:48 GMT - Rating 4 - Innovation 2 - Information 5 - Rumor -3
