Dividend Aristocrat 3M plans dividend reset: consequences for the stock?
Discover the latest developments at 3M and the impact on the stock despite the planned dividend "reset". How will the Dividend Aristocrat continue to fare? Read more here.

Dividend Aristocrat 3M plans dividend reset: consequences for the stock?
3M, a dividend aristocrat, surprised with better-than-expected quarterly results. Nevertheless, the company plans to “reset” the dividend. The US company's shares are very popular with dividend-oriented investors, as 3M has increased its quarterly payout for 65 years. There is also a dividend yield of 5.5 percent.
As part of its quarterly report released on Tuesday, 3M announced it would adjust its dividend. This could have an impact on the price development of the share. It remains to be seen how investors will react to this change and whether the company's long-term attractiveness for dividend investors will remain.
Despite the upcoming changes, 3M shares remain strong and maintain their position at the top of the Dow Jones. Investors should therefore closely monitor how the situation surrounding the dividend adjustment develops and what long-term effects it could have.