Someone with a lot of money to spend has taken a bearish stance on 3M (NYSE:MMM).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
The stock market had a rough 2022 with many of the top indexes down double digits. Among the stock indexes that were down was the Dow Jones Industrial Average.
With declining prices, dividend yields on many of the components are up heading into the new year.
Here’s a look at the top-yielding Dow Jones stocks to start 2023.
Due to increasing regulatory pressures to fight accumulating harmful substances in the environment and our bodies, 3M Company (NYSE: MMM) committed to stop manufacturing perfluoralkyl and polyfluoroalkyl substances, the so-called PFAS, and work on discontinuing their use across its product range by the end of 2025.