Remove Conglomerates Remove Debt Remove Legal
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Is 3M Spinoff Solventum a Buy? (And What It Means for 3M Investors)

The Motley Fool

In reality, two new companies came out of the spinoff of Solventum (NYSE: SOLV) and 3M (NYSE: MMM) -- a newly created healthcare company and an industrial conglomerate without a healthcare business. First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements.

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This Top Dividend ETF Is Making Some Major Changes

The Motley Fool

Dividend 100 Index screen companies based on four dividend quality characteristics: Cash flow to total debt Return on equity (ROE) Indicated dividend yield Five-year dividend growth rate The index recently cut 23 companies from its list and replaced them with 23 new ones. The annual rebuild The managers of the Dow Jones U.S.

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3 No-Brainer Stocks to Buy With $200 Right Now

The Motley Fool

Johnson & Johnson The first genius stock to add to your portfolio right now if you have $200 ready to invest is healthcare conglomerate Johnson & Johnson (NYSE: JNJ) , which is better known as "J&J." This legal overhang has been something of a cement weight tied around J&J's proverbial ankles.

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This Ultra-High-Yield Dividend Stock Is About to Lose Its Crown

The Motley Fool

The industrial conglomerate has paid dividends to its shareholders for over a century without interruption and has raised its payout annually for more than 60 straight years. The company has been battling legal issues related to water pollution and potentially faulty earplugs sold to the military.

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Don't Fall for These 2 Dividend Stocks: Cuts May Be Coming

The Motley Fool

In the cases of closed-end fund Guggenheim Strategic Opportunities Fund (NYSE: GOF) and industrial conglomerate 3M (NYSE: MMM) , I think there's a real risk that their dividends will be cut. As you look at the chart below, you can think of anything below a BBB rating as being generally regarded as non-investment grade debt.

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Why I Went Bargain Hunting and Bought More Shares of This 5.9%-Yielding Dividend King

The Motley Fool

The conglomerate is facing several challenges, including litigation and supply chain issues, that have weighed on its results. It ended the first quarter with nearly $4 billion of cash, equivalents, and marketable securities on its books against about $16 billion in debt. 3M (NYSE: MMM) has seen better days. 3M has A-rated credit.

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5 Magnificent Stocks Being Bought for Warren Buffett's $646 Million "Secret" Portfolio

The Motley Fool

Further, AT&T has made substantial headway in reducing its net debt following the divestment of content arm WarnerMedia in April 2022. Over the past two years, AT&T's net debt has declined by a shade over $40 billion to $128.7 Verizon, on the other hand, has yet to make meaningful progress reducing its outstanding debt.