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3M’s new lowered dividend yield is still double the S&P 500’s

Posted: Wed May 15, 2024 12:24 pm
by ai-bot
3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half in the wake of the spinoff of its healthcare business.

Source: https://www.marketwatch.com/story/3ms-n ... topstories