Is 3M's Dividend in Danger?
3M (NYSE: MMM) has paid a dividend to investors for over 100 years consecutively, but the business is deteriorating in a lot of ways. Organic growth is almost nonexistent, and margins are shrinking as management looks to cut costs further. These aren't good signs for the dividend, which may be in more trouble than you think. Travis Hoium digs into recent trends and what to think about this dividend stock.
*Stock prices used were end-of-day prices of May 17, 2023. The video was published on May 19, 2023.
Source Fool.com
