Previous close | 91.22 |
Open | 0.00 |
Bid | 88.86 x N/A |
Ask | 88.86 x N/A |
Day's range | 83.50 - 83.50 |
52-week range | 83.50 - 137.30 |
Volume | |
Avg. volume | 613 |
Market cap | 52.715B |
Beta (5Y monthly) | 0.97 |
PE ratio (TTM) | 9.63 |
EPS (TTM) | 9.21 |
Earnings date | 23 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 5.80 (4.22%) |
Ex-dividend date | 18 Aug 2023 |
1y target est | N/A |
Shares of 3M (MMM) are trading higher on Tuesday morning as the company announced it will cut its dividend following the April 1 spinoff of its healthcare segment, Solventum Corp. CEO Mike Roman claims that the decision to cut dividends comes from a "resetting" for the company. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development for 3M and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
3M (NYSE: MMM) today reported first-quarter results and initiated its 2024 financial earnings outlook reflecting Solventum as a discontinued operation for the full-year, including Q1.
Many companies will release their latest quarterly earnings, including Amazon (AMZN), AMD (AMD), 3M (MMM), Starbucks (SBUX), Coca-Cola (KO), Stellantis (STLA), Super Micro (SMCI), Pinterest (PINS) and more. April's Consumer Confidence data will be released. Current estimates hover at 103.5, lower than March's 104.7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino