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Stock impact report

Dividend Harvesting Portfolio Week 162: $16,200 Allocated, $1,450.45 In Projected Dividends [Seeking Alpha]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: Seeking Alpha
The Dividend Harvesting Portfolio had a down week, but is still up 11.57% on invested capital. Dividend income in the portfolio is growing, with a goal of generating $100 per month. Well, Minneapolis Federal Reserve Bank President Neel Kashkari spooked the markets on Thursday, indicating that rate cuts may not occur in 2024 if inflation doesn't continue to fall. The investment community must have realized that Mr. Kashkari isn't a voting member of the Fed because the market rebounded on Friday to close out the week with the S&P 500 up 1.11%. Ultimately, the markets did finish in the red for the week as the S&P 500 declined by -1.09% while the Nasdaq fell -1.30%. All eyes will be on the upcoming CPI print on Wednesday, April 10 while I am sure many will be scouring through the release of the FOMC minutes. The February CPI print came in at 3.2%, and the consensus estimate for March is 3.4%. Core CPI, on the other hand, came in at 3.8% and is expected to decline to 3.7% when the Mar Show less Read more
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