Conglomerates Legal Liabilities 
The Motley Fool
MARCH 26, 2025
That ended a streak of 64 years of dividend growth for the industrial conglomerate. Several factors contributed to the cut, including legal liabilities and the spinoff of its former healthcare unit to create Solventum. Last May, 3M slashed its quarterly dividend payment from $1.51
The Motley Fool
MARCH 15, 2024
The industrial conglomerate has rarely ever paid a dividend yield this high, but the yield has climbed because its stock price has fallen because of slowing growth on macro headwinds and other factors. That will help 3M deal with its legal payments, but the struggles in the core business shouldn't be overlooked.
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The Motley Fool
AUGUST 3, 2024
New innovations, mounting competition, legal judgments, acquisitions, collaborations, bankruptcies, and even acts of God contribute to this leaderboard carousel. Over multiple decades, it's commonplace for Wall Street's largest companies by market cap to be shuffled up and down the proverbial leaderboard. Image source: Getty Images.
The Motley Fool
MAY 2, 2024
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.
The Motley Fool
JANUARY 23, 2024
The company has been bogged down with operational issues that have caused it to miss earnings expectations , and was also navigating multiple extended lawsuits and massive settlements related to product liability claims. Shares of 3M have underperformed the S&P 500 by more than 60 percentage points over the past three years.
The Motley Fool
JANUARY 26, 2024
Despite surpassing earnings estimates, shares of the industrial conglomerate crashed this week and were trading 10.4% At 3M's fourth-quarter earnings conference call , management clearly stated that without the proceeds from healthcare's proposed spinoff, the company hasn't concluded how it'll fund the legal settlements. per share.
The Motley Fool
FEBRUARY 15, 2024
A JPMorgan Chase analyst recently raised their price target on industrial conglomerate 3M (NYSE: MMM) by $10 to $118, a figure representing a roughly 27% premium to the current price. Still, there's still a lot of uncertainty around its legal liabilities, and management's history of falling short on its sales guidance is concerning.
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