Jul. 7—Fairborn has joined another Greene County city and more than 300 across the country in receiving part of a $10.3 billion settlement from 3M and DuPont for PFAS and “forever chemicals” contamination. Fairborn, Bellbrook, Dayton and dozens of other municipalities filed a class action lawsuit against 32 companies, including 3M and DuPont over PFAS […]
Once a Dividend King, 3M (NYSE: MMM) has cut its dividend. There are a number of reasons for the move, but there’s one factor investors should pay particular attention to. Here’s why dividend investors should be worried by the depth of 3M’s payout cut. A brief overview of 3M’s troubles The company has been facing […]
3M (NYSE: MMM) has faced a lot of challenges over the past few years that have weighed heavily on its share price, which has driven up its dividend yield. At around 6.3%, 3M currently offers one of the highest dividend yields in the venerable Dow Jones Industrial Average. On the bright side, 3M’s financials have […]
It seems like a pathway to comfortable retirement is a luxury saved for those at the top in today’s economy—at least if you work at 3M. After freezing its pension program for non-unionized workers, the conglomerate company known for manufacturing Post-its, command strips, and tape is tacking more money into its CEO’s benefit package. Earlier […]