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Which Aristocrat is next? | Dividend cut from 3M or Walgreens
Is 3M the next Aristocrat to announce a dividend cut? After the stunning dividend cut by Dividend Aristocrat VF Corp (VFC) many investors are speculating about the next company with a great track record to announced a dividend cut. A recent Twitter poll shows that 3M (MMM) is more likely than Walgreens Boots Alliance (WBA) to cut its dividend.
Dividend Aristocrat 3M will raise dividend 0.7% in 2022
Dividend growth has slowed significantly for 3M. Dividend Aristocrat 3M (MMM) will raise its dividend by 0.7% to $1.49 quarterly. Last year MMM also announced a 0.7% (1 cent per share) dividend increase. This marks 64 consecutive years of dividend growth for the conglomerate but also matches the smallest dividend hike in decades.
3M increases dividend for 62nd consecutive year
Dividend Aristocrat 3M (MMM) will raise its dividend for the 62nd straight year with a relative small increase of 2.1 percent in 2020.
3M raised dividend for 60th consecutive year
Dividend Aristocrat 3M (MMM) will raise its dividend for the 60th straight year.
3M raises dividend for 59th consecutive year
Industrial conglomerate 3M (MMM) will raise its dividend by 5.9%.
3M hikes dividend for 58th consecutive year
Dividend Aristocrat 3M (MMM) will raise its dividend by 8.3%.
3M increases dividend for 57th consecutive year
Dividend Aristocrat 3M will raise its dividend by 19,9%.