3M Company: Still A Good Investment Despite Dividend Cut


  • 3M Company reported solid first quarter results with adjusted EPS growing in the double digits again.
  • The company spun off its healthcare business into a new company called Solventum.
  • 3M Company cut its dividend in half, but the stock is still undervalued and seems well-supported from a technical point of view.
  • With major lawsuits almost resolved, we can be optimistic for 3M Company to return to previous growth and efficiency levels.
Prague, Czech republic - May 22, 2017: 3M company logo on headquarters building


One of the biggest disappointments in my portfolio is 3M Company (NYSE:MMM) and the position is still down 30%. Of course, this is not including dividends I collected in the last few years, and we also must take into account the position

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MMM, SOLV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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