3M's sales were down 3% year on year. Operating cash flow was down 24%. They returned 4.8 billion to shareholders in dividends and share reparches. The outlook next year is going to be flat to negative.
Welcome back, dividend investors! Today's episode is all about the first earnings releases that are dripping in. Hence, feel free to tune-in and hear our reflections on 3M ($MMM), Louis Vuitton ($LVMH), ASML ($ASML), Microsoft ($MSFT), and T Row Price Group ($TROW). This and more in our 133rd Dividend Talk podcast episode!
Link referenced:
- The dividend talk Facebook group: https://www.facebook.com/groups/dividendtalk