2.37% Sep 02, 05:06 PM
$3.42 Paid Quarterly
45.7% EPS $7.48
55 years Since 1959
No Ex-Dividend Dates
Have Been Scheduled

MMM - Upcoming Dividend Payouts
Next Ex-Dividend Date None

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.8550 2014-08-11 2014-08-20 2014-08-22 2014-09-12 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date
MMM has not yet officially announced its next dividend payout.

MMM - Dividend Yield & Stock Price History
Current Dividend Yield 2.37%

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MMM - Dividend Payout History
Current Annual Payout $3.42

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Dividend payouts are split-adjusted

MMM - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for MMM. 6.5% 7.6% 55 years
Annual dividend amounts based on Ex-dividend date

MMM - Historical Annual Dividend Data & Growth
Payouts Increasing For 55 years

Payout Amount Calendar Year Annual Growth
$2.5400 2013 7.6%
$2.3600 2012 7.3%

MMM - Historical Dividend Data
Payouts Increasing For 55 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.8550 2014-08-11 2014-08-20 2014-08-22 2014-09-12 Yes Regular Quarter
$0.8550 2014-05-13 2014-05-21 2014-05-23 2014-06-12 Yes Regular Quarter
$0.8550 2013-12-17 2014-02-12 2014-02-14 2014-03-12 Yes Regular Quarter
$0.6350 2013-11-11 2013-11-20 2013-11-22 2013-12-12 Yes Regular Quarter
$0.6350 2013-08-13 2013-08-21 2013-08-23 2013-09-12 Yes Regular Quarter

3M (MMM) - News

  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before the opening bell on Thursday morning, 3M (MMM)  reported its second quarter earnings, posting record quarterly sales. MMM's Earnings in...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Diversified conglomerate 3M Co (MMM) early Thursday posted first quarter earnings that came in below analyst expectations, sending its shares...
  • 3M Co Beats on Earnings, Misses on Revenue; Affirms FY2014 Guidance (MMM)

    3M Co. (MMM) reported its fourth quarter earnings early on Thursday morning, posting a rise in its quarterly sales from last year's same period. MMM's Earnings in Brief
    • 3M reported net sales of $7.569 billion for the fourth quarter, up from last year's Q4 sales of $7.387 billion.
    • Net income for Q4 came in at $1.116 billion, or $1.62 per diluted share, up from last year's Q4 figure of $1.004 billion, or $1.41 per diluted share.
    • MMM just beat analysts' estimates of $1.62 EPS, but fell short of revenue estimates of $7.7 billion.
    • The company affirmed its expectations for FY2014, and sees EPS in the range of $7.30 to $7.55.
    CEO Commentary Inge G. Thulin, 3M's chairman, president and CEO, had the following comments about the company's earnings: “The fourth quarter concluded a very successful year for 3M. We generated broad-based, profitable sales growth across the portfolio and per-share earnings rose nearly 15 percent in the quarter. Free cash flow conversion was 131 percent, which enabled us to continue investing in our businesses while also returning a record amount of cash to shareholders. 3M employees around the world are bringing our vision and strategy to life and improving 3M’s relevance in the eyes of our customers. Three key levers – namely portfolio management, investing in innovation and business transformation – combined with more aggressive capital deployment, will drive enhanced value creation going forward.” MMM's Dividend 3M most recently declared a dividend raise in December 2013, when the company announced an 85 cent quarterly payout (up from 64 cents). The company's dividend is payable on March 12 and the stock goes ex-dividend on February 12. Stock Performance MMM stock was up 95 cents, or 0.73%, in pre-market trading this morning. This year, MMM's stock is down 5.74%.

    The Bottom Line

    Shares of 3M Co. (MMM)  have a yield of 2.63% based on Wednesday's closing price of $130.25 and the company's annualized payout of $3.42. 3M Co. (MMM)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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  • 3M Co Initiates Massive Buyback, Raises Dividend (MMM)

    Today, 3M Co ([MMM) announced the largest U.S. buyback of 2013, as the company reported that it will be buying back up to $22 billion worth of its own shares through 2017. At its current price, that would amount to a buyback of approximately 167.4 million shares. The announcement came alongside a newly raised dividend and the announcement that the company is looking to spend between $5 and $10 billion on acquisitions over the next three years. The dividend payout was raised from $0.635/quarter to $0.885/quarter, an increase of nearly 40%. The news was especially surprising as Morgan Stanley noted that the management team has been relatively conservative in the past. Investors cheered on the news, as the stock soared $3.73, or 2.9%, for Tuesday's session, bringing it to a handsome return of more than 40% YTD.

    The Bottom Line

    Shares of 3M Co (MMM) are currently yielding 2.69% based on Tuesday's closing price of $131.39. 3M Co (MMM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Avago Technologies...
  • 3M Co Upgraded to "Buy" at Nomura (MMM)

    Nomura Securities upgraded 3M Co (MMM) to "Buy" from "Neutral" before the opening bell on Wednesday, and raised the company's price target. Nomura boosted 3M's price target to $150 from $128, suggesting an 18% upside to the stock's current share price. Nomura had the following justification for its upgrade and PT raise: "Organic growth is accelerating, capital allocation is turning positive, and margins may even have room to rise a bit, all suggesting to us that EPS growth could surprise to the upside versus current consensus estimates for 2014 and 2015," analyst Shannon O'Callaghan states. "We expect all of that to benefit 3M’s P/E, driving a potentially expanded and sustained higher multiple for 3M under the current Thulin/Meline management team." Looking ahead, Nomura sees 3M's FY2013 EPS coming in at $6.75 and FY2014 EPS coming in at $7.50. 3M shares were down a fraction in pre-market trading. YTD, the company's stock is up 34.57%.

    The Bottom Line

    Shares of 3M Co (MMM) have a yield of 1.99% based on Tuesday's closing price of $127.55 and the company's annualized payout of $2.54. 3M Co (MMM)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

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