3M Company (MMM) Dividend Date & History | Koyfin (2024)

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Dividend Data

3M Company’s (MMM) dividend yield is 5.75%, which means that for every $100 invested in the company's stock, investors would receive $5.75 in dividends per year.

3M Company’s payout ratio is NaN% which means that NaN% of the company's earnings are paid out as dividends. A low payout ratio may indicate that the company has a strong financial position and can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most of its earnings to shareholders. MMM’s annual dividend is $6.04 per share. This is the total amount of dividends paid out to shareholders in a year.

3M Company’s (MMM) ex-dividend date is , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

3M Company (MMM) pays dividends on a quarterly basis. 3M Company (MMM) has increased its dividends for 52 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Dividend Yield 5.75%

Annual Dividend $6.04

Ex Dividend Date Feb 15, 2024

Dividend Growth 0.67%

Payout Ratio -

Payout Period Quarterly

Next Div Payment TBA

Cons. Yrs Growth 52

Dividend History and Growth

3M Company (MMM) dividend payments per share are an average of 0.67% over the past 12 months, 0.68% over the past 36 months, 1.98% over the past 60 months, and 8.98% over the past 120 months.

It is important to note that MMM’s dividend history and growth can be affected by many factors, such as profitability, cash flow, and financial stability, as well as its growth prospects and dividend payout policies. Add MMM to your watchlist to be aware of any updates.

Dividend Growth Table

Dividend Growth Graph

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Dividend Yield

MMM dividend yield graph is a visual representation of 3M Company’s dividend yield over the last 12 months. This is useful for investors to understand MMM’s historical dividend yield and to identify any trends or patterns in the company's dividend payments over time.

Dividend Yield Chart

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Shareholder Yield

Shareholder yield is a metric that measures the total return to shareholders through dividends, buybacks, and debt paydown. It is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.

3M Company (MMM) shareholder yield graph below includes indicators for dividends, buybacks, and debt paydown, which allows investors to see how each component contributes to the overall shareholder yield.

It's important to note that shareholder yield is just one metric among many that investors may use to evaluate a company's financial health and its potential for future growth. It should be considered in conjunction with other financial metrics such as earnings, revenue, and debt levels to get a comprehensive understanding of a company's financial position.

Shareholder Yield Chart

Dividend Safety

Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.

Some specific indicators often used to assess 3M Company (MMM) dividend safety include

  • Dividend payment history: MMM has a long history of paying dividends and has consistently increased its dividend payout for 52 consecutive years.
  • Dividend payout ratio: Not available

It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level of dividend safety in the past may no longer be considered safe today. Therefore, it is important to regularly monitor a company's financial performance and dividend payment history.

Dividend Safety Graph

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Comparing 3M Company to Other Stock

The percentile ranks table is a way to compare 3M Company (MMM) dividend yield relative to its sector, country, and the world.

  • Dividend yield: MMM’s latest value of 5.75% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.93, 0.82, and 0.85 respectively) indicate 3M Company’s dividend yield compared to others in its sector, country, and world. For example, a value of 0.82 relative to country means that 3M Company’s dividend yield is higher than 82% of companies in its country.

This table allows investors to quickly compare a company's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.

Percentile Ranks Table

latest value

relative to sector

relative to country

relative to world

Dividend Yield

5.75%

0.93

0.82

0.85

Dividend FAQ

Does 3M Company pay dividends?

3M Company (MMM) pays dividends to its shareholders.

How much is 3M Company’s dividend?

3M Company's (MMM) quarterly dividend per share was $1.51 as of .

When is 3M Company’s ex-dividend date?

3M Company’s latest ex-dividend date was on . The MMM stock shareholders received the last dividend payment of $1.51 per share on .

When is 3M Company’s next dividend payment date?

3M Company’s next dividend payment has not been announced at this time.

3M Company (MMM) Dividend Date & History | Koyfin (2024)

FAQs

What is MMM dividend history? ›

MMM Dividend History
Ex/EFF DateTypePayment Date
02/17/2022Cash03/12/2022
11/18/2021Cash12/12/2021
08/20/2021Cash09/12/2021
05/20/2021Cash06/12/2021
76 more rows

What is the dividend for MMM in 2024? ›

PAUL, Minn., Feb. 6, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1.51 per share for the first quarter of 2024. The dividend is payable March 12, 2024, to shareholders of record at the close of business on Feb. 16, 2024.

How much does 3M pay in dividends per year? ›

MMM pays a dividend of $17.39 per share. MMM's annual dividend yield is 6.6%.

When did 3M stock split? ›

The most recent stock split occured on September 30th, 2003. One MMM share bought prior to June 16th, 1972 would equal to 16 MMM shares today.

How many years has MMM increased its dividend? ›

67 years of consecutive dividend increase. 6.55% forward dividend yield. Top 15%. 1.3% short interest.

How do I find my dividend history? ›

With Sharesight's dividend tracker software, dividend payments are automatically tracked in an investor's portfolio. Investors can view their dividend income and dividend history at any time, see the impact of dividend yield on their returns, and track dividend reinvestment plans (DRPs) in their portfolio.

Has 3M ever cut their dividend? ›

3M has raised its dividend for 64 consecutive years, but with the recent spinoff of its healthcare business, its status as a Dividend Aristocrat could be coming to an end. Dividend Aristocrats are companies that have raised their payouts for at least 25 consecutive years.

Will 3M split up? ›

In March 2024, we announced 3M's Board of Directors has approved the planned spin-off of Solventum. The record date for the distribution was set for March 18, 2024, and the distribution is expected to occur prior to the opening of trading on April 1, 2024, subject to the satisfaction of remaining conditions.

What are the three dividend stocks to buy and hold forever? ›

7 Dividend Kings to Buy and Hold Forever
StockDividend yieldDividend growth streak
Walmart Inc. (WMT)1.4%50 years
Procter & Gamble Co. (PG)2.4%68 years
3M Co. (MMM)6.5%65 years
Coca-Cola Co. (KO)3.3%61 years
3 more rows
Apr 11, 2024

Is 3M dividend at risk? ›

3M could lose its dividend luster -- and investors could lose 9%. Should you invest $1,000 in 3M right now? Before you buy stock in 3M, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and 3M wasn't one of them.

Is 3M a buy or sell? ›

Is 3M stock a Buy, Sell or Hold? 3M stock has received a consensus rating of hold. The average rating score is A3 and is based on 3 buy ratings, 45 hold ratings, and 30 sell ratings.

Is MMM a good stock to buy? ›

The symbol for 3M is MMM and it is traded on the NYSE (New York Stock Exchange). 3M holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Who owns most of 3M stock? ›

The Vanguard Group

It's one of the world's largest investment companies. It's currently the largest individual 3M shareholder, owning 47.65 million shares, representing 8.37% of the company, according to ownership data from 3M.

Who is 3M merging with? ›

Neogen Corporation has completed its previously announced merger with 3M's Food Safety business. The aim of the transaction is to forge an innovative leading entity in the food safety sector, with a comprehensive product range and a strategic focus on the category's long-term growth opportunities.

Why is 3M delisted? ›

3M has decided to delist from NYSE Arca Inc. to eliminate duplicative administrative requirements and costs inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca. The withdrawal is expected to be effective within the next month.

What is BMW historical dividend yield? ›

Historical Dividend Yield Data
DateValue
April 03, 20247.62%
April 02, 20248.02%
April 01, 20248.00%
March 28, 20247.99%
21 more rows

What is the yield of 3M stock? ›

Historical dividend payout and yield for 3M (MMM) since 1989. The current TTM dividend payout for 3M (MMM) as of April 19, 2024 is $6.04. The current dividend yield for 3M as of April 19, 2024 is 6.55%.

What does trades with due bills mean? ›

The term "due-bill" as used in this Rule means an instrument employed for the purpose of evidencing the transfer of title to any security or rights pertaining to any security contracted for or evidencing the obligation of a seller to deliver such to a subsequent purchaser.

What is the dividend yield of MDIV stock? ›

MDIV Dividend Yield History
YearYear End YieldAverage Yield
2024-6.16%
20236.08%6.70%
20226.71%5.83%
20215.30%5.12%
7 more rows

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