I'm replacing a dividend cutter with a company that pays a more sustainable dividend.I enjoy investing in dividend stocks. I like to see the income flow into my portfolio. It gives me more money to reinvest into income-generating investments. That grows my passive income stream toward my ultimate goal of eventually reaching the level where it can offset my regular expenses. I've hit a few speed bumps in achieving that goal over the years because companies I owned cut their dividends. One of those disappoint ...

3M Company (MMM) is scheduled to release third-quarter 2024 results on Oct. 22, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings is pegged at $1.93 per share, reflecting an increase of 0.5% in the past 60 days. The consensus mark implies a 28% decline from the year-ago reported actuals. The Zacks Consensus Estimate for revenues is pegged at $6.1 billion, indicating a 26.6% decrease year over year.Estimate MovementImage Sour ...

Wall Street analysts expect 3M (MMM) to post quarterly earnings of $1.93 per share in its upcoming report, which indicates a year-over-year decline of 28%. Revenues are expected to be $6.1 billion, down 26.6% from the year-ago quarter.The current level reflects an upward revision of 2.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnin ...

ST. PAUL, Minn. and CHARLOTTE, N.C., Oct. 16, 2024 /PRNewswire/ -- 3M (@3M) and Discovery Education (@DiscoveryEd) named Sirish Subash, a 9th grader at Gwinnett School of Mathematics, Science, and Technology in Snellville, Georgia, the winner of the 2024 3M Young Scientist Challenge, the nation's premier middle school science competition. Sirish set himself apart with an AI handheld pesticide detector. As the grand prize winner, he received a $25,000 cash prize and the prestigious title of "America's Top Yo ...

Wall Street expects a year-over-year decline in earnings on lower revenues when 3M (MMM) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 22. On the ot ...

In the latest trading session, 3M (MMM) closed at $133.46, marking a -1.15% move from the previous day. This change lagged the S&P 500's 0.21% loss on the day. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%.The the stock of maker of Post-it notes, industrial coatings and ceramics has risen by 3.67% in the past month, lagging the Conglomerates sector's gain of 13.72% and the S&P 500's gain of 5.94%.The upcoming earnings release of 3M will be of great interest to ...

3M Company’s (MMM) shares have rallied 45.6% over the past six months, outperforming the Zacks Diversified Operations industry and the S&P 500’s growth of 12.1% and 10.6%, respectively. The diversified technology company has also outperformed other industry players like ITT Inc. (ITT) and Honeywell International Inc. (HON) , which have returned 12.8% and 2.5%, respectively, over the same time frame.MMM Stock’s Six-Month Price PerformanceImage Source: Zacks Investment ResearchClosing at $134.85 in the last t ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? 3M (MMM) , which belongs to the Zacks Diversified Operations industry, could be a great candidate to consider.This maker of Post-it notes, industrial coatings and ceramics has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 15.58%.For the last repo ...

3M (MMM) ended the recent trading session at $134.78, demonstrating a -0.48% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.04%.The maker of Post-it notes, industrial coatings and ceramics's shares have seen an increase of 2.48% over the last month, not keeping up with the Conglomerates sector's gain of 12.81% and outstripping the S&P 500's gain of 1.25%.The investment communi ...

3M Company (MMM) recently unveiled WorkTunes Connect + Solar Hearing Protector, a first-of-its-kind solar charging wireless Bluetooth hearing protector available in the market. The launch of the headset is built on a strategic collaboration between 3M and Exeger to develop a reliable and long-lasting self-powered consumer hearing protector solution.The headset leverages the state-of-the-art solar cell technology, Powerfoyle, invented and produced by Exeger in Sweden. The use of Powerfoyle technology enables ...