July 25, 2019

Why 3M Stock Is Untouchable


The conglomerate may have too much on its plate, and its marketing edge may be gone, making MMM stock a risky bet



There’s no denying 3M (NYSE:MMM) stock is, despite all of its woes, still a dividend champ. With February’s increased payout now on the books, the annual payout of 3M stock has climbed for 61 consecutive years. And, with a dividend of $5.76 per share of 3M stock scheduled for 2019, there’s tons of wiggle room for 3M, since analysts, on average, are calling for full-year earnings of $9.40 per share.

But even with 3M stock price beaten down to near $173 and MMM stock yielding 3.26%, the shares aren’t appealing. This company’s got problems, and its China headwind may be the least of them.





The foremost challenge facing 3M stock may be its ultra-diversified business model itself, followed closely by waning loyalty towards its brand.


No comments:

Post a Comment