Date Name Dividend *yield Currency 2023 5 days ago · 3M Stock Dividends Overview. Find the latest 3M Company (MMM) stock quote, history, news and other vital information to help you with your stock trading and investing. 17, 2023. The market doesn’t appear optimistic. 35 by FY 2025 and 2026, representing a growth of 8. 3m Co shareholders who own MMM stock before this date received 3m Co's last dividend payment of $0. 63%) stock Dec 29, 2023 · With a 64-year history of increasing dividends and a 5. 16, 2024. Reprints. $101. In the realm of high-yield dividend stocks, 3M Company ( MMM 0 May 10, 2022 · PAUL, Minn. By Al Root. Comments (10. Current Dividend Yield. 5%. 7, 2023 / PRNewswire / -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. 70 and was paid out on June 12, 2024. Looking back five years and taking a sample every week, the average dividend yield May 3, 2024 · 3M: Earnings, Valuation, Dividend Yield, Free Cash Flow Forecasts BofA Global Research If we assume normalized EPS of $7. View Valuation. Non-3M Aristocrats in the S&P 500 yield Jun 23, 2023 · 25 Jun. The company reported revenue of $7. 51/share quarterly dividend, 0. 193. Turning to how well its free cash flow (FCF May 1, 2024 · 3M beats revenue expectations in Q1, shows improved organic sales growth and margin, but a possibility of dividend cut lingers. See why MMM stock is a strong sell. The upside comes as the Post-It note maker's May 14, 2024 · ST. The dividend is paid out quarterly, every three months. 44% Payable March 12; for shareholders of record F 3M Board Declares Quarterly Dividend. First, let's crunch some numbers. , May 14, 2024 / PRNewswire / -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0. 3M can start a new streak. 12, 2022, to shareholders of record at the close of business on Nov. Get a real-time 3M Company (MMM) stock price quote with breaking news, financials, statistics, charts and more. 26%. 6 billion, resulting in an impressive operating margin of nearly 20%. 2 billion if they opt May 14, 2024 · 3M Cuts Dividend 54% After Spinoff. 37x and dividend yield of 5. 8, 2022 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. 3M has paid dividends to its shareholders Mar 19, 2024 · In 2023, 3M's healthcare business generated $8. Feb 7, 2024 · Many companies have broken long held dividend streaks in the past 12 months, 3M might be considering doing the same, considering peak pessimism surrounding the stock. S. Dividend Growth. 11, 2023 /PRNewswire/ -- The 3M Board of Directors (NYSE: MMM) today declared a dividend on the company's common stock of $1. But that's just the start because the stock has also fallen a huge 50% from its highs in 2019. 700 at Jun 12, 2024. Aug 19, 2021 · 3M's stock dividend is expected to increase by +1. 80. 3M ST. 76% as of Wednesday, July 03 2024. As seen in the figure below, MMM is currently yielding 6. 342 billion per year but assume that management wanted to make investors whole and the health-spin-co took on 25% of that. 8% used in this analysis, thus providing no margin of safety. 51 per share. 90% next year. One has to assume big multiples at both companies to justify the current stock price. 5% to $5. 12, 2023, to shareholders of record at the close of business on Nov. $102. MMM currently pays 3M's (NYSE:MMM) dividend yield is 6. 00%) should Mar 1, 2023 · 3M's earnings and guidance were terrible, with a dividend payout ratio close to 100% in 2023. 7% still presents attractive Feb 27, 2024 · Fortunately, in 3M's case (a dividend champion), its dividend yield serves as an alternative and reliable valuation metric. 6%. 5 billion per year is 3M's post-spinco Mar 30, 2024 · The results of these efforts remain to be seen, but with the legal issues mostly behind us, I believe 3M with its blended P/E ratio of 11. 4 days ago · 3M (NYSE: MMM) recently reported its Q1'24 results, with revenues and earnings beating the street estimates. 80 per share. ET. 05%. 15 in FY 2021 and FY 2022, respectively, according to market consensus' financial forecasts obtained from S&P Capital IQ. Investors should avoid 3M stock, at least until the payout is reduced. If it follows the well-established pattern, the next ex-dividend date will be in mid-February. Forward yield 6. Investors came into 2024 Dec 3, 2023 · That flexibility may be needed as 3M's annual dividend payout is $3. Find the latest and historical dividend information for 3M Co. Post-it maker 3M declared a dividend of 70 cents, down from the prior quarter’s $1. By Ben Glickman. 1% and +3. (Nate Ryan for The Wall Street Journal) Dividend aristocrat 3M will soon join the Jan 12, 2024 · 3M’s most recent payout was $1. 3M stock is yielding 6 Feb 7, 2023 · 3M said on February 7, At the current share price of $115. 50 a share, and the yield is now about 5. The dividend is payable March 12, 2024, to shareholders of record at the close of business on Feb. On Tuesday, the Maplewood-based company It's been a while, but 3M (NYSE: MMM) finally and formally cut its dividend recently, approving a dividend of $0. It paid out $5. 5 days ago · 3M Company (MMM) Stock Dividend Safety Grade. Jun 28, 2024 · Discover real-time 3M Company Common Stock (MMM) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. "This is an important day for 3M and Solventum, and Feb 8, 2022 · ST. 24 per share in 2023, due largely to the loss of Solventum's earnings. Payout Ratio. 36%. All told, 3M's growth and margin performance show signs of improvement. This indicates that 3M will be able to sustain or increase its Dec 8, 2023 · Share prices of 3M (MMM-0. We just downgraded our safety score to 63% and the quality score to 91%. Share. 6% this year. In addition, restructuring actions promise to improve May 1, 2024 · 3M stock is rising after the Buy upgrade by J. Add MMM to your watchlist to be reminded before . 10 per share, currently paid in quarterly installments, and MMM stock's most recent dividend ex-date was on Feb. It's been a while, but 3M (NYSE: MMM) finally and formally cut its dividend recently, approving a dividend of $0. 11,2015. Mar 14, 2023 · 3M's dividend yield. 2023. 2 days ago · The latest 3M stock prices, stock quotes, news, and MMM history to help you invest and trade smarter. 00, and a low estimate of $78. What Is the Dividend Payout for 3M Stock? Mar 3, 2015 · The annualized dividend paid by 3M is $4. 28%. 50 of operating EPS, ex-Solventum, and apply a 5-year average P/E of 15. 3M has paid dividends to its shareholders Nov 7, 2023 · Nov. Advertisement Mar 6, 2021 · Still, the word "impressive" still appears like a good descriptor. 73Cr in the quarter ending March 2024. 163. 50/share quarterly dividend , in line with previous. It announced a 'reset' to its dividend payment in its earnings report. May 15, 2024 · Post-it maker 3M declared a dividend of 70 cents, down from the prior quarter’s $1. May 23, 2024 · 3M Company has an annual dividend yield of 5. -47%. Resetting the D4L-PreScreen. 4 billion. The dividend is payable on 3/12 to shareholders of record at the close of business on 2/16. 32%. 26%, the payout is currently $2. For investors chasing income, the Minnesota-based conglomerate — already yielding 5. 3M India Ltd’s profits were ₹172. The most recent ex-dividend date is May 23, 2024. May 7, 2024 · I've discussed why 3M's decision to cut the dividend makes sense, and the same arguments apply now. 70 for the second quarter, down from the previous quarterly 3M Company (MMM) dividend growth history: By month or year, chart. JPM. 6% yield, it's easy to see why 3M (MMM-0. 5 days ago · Investing in dividend growers like 3M Company can lead to market outperformance, despite recent setbacks like a dividend cut. 44% Payable March 12; for shareholders of record F There are 67 stocks in the S&P 500 U. As of today, dividend yield (TTM) is 26. 4th of July Sale is ending soon! Get access to thousands of articles, stock screeners, Quant-backed analysis, and Feb 27, 2024 · Legacy 3M dividend is at risk even before considering the impact of future PFAS costs. 49 per share for the fourth quarter of 2022. 70 for the second quarter, down from the previous quarterly payment of $1. Dividend Yield () 5. 62. 2 billion if they opt Feb 27, 2024 · On 2/6, 3M’s Board of Directors declared a dividend of $1. 35, a high estimate of $140. 9%. 5 billion per year is 3M's post-spinco Nov 7, 2023 · 3M Board Declares Quarterly Dividend. Updated April 30, 2024, 9:28 am EDT / Original April 29, 2024, 4:30 pm EDT. , Nov. The dividend cut is an aftereffect of all the There are 67 stocks in the S&P 500 U. , Feb. The yield from 3M's dividend, meanwhile, is currently around 3. The dividend is payable Sept. This takes the dividend yield to 3m Co's previous ex-dividend date was on 2024-05-23. 3M stock is yielding 6 Feb 10, 2024 · MMM. Witnessing a The new dividend level hasn’t been announced yet. 21%. 06%. 67. Apr 30, 2024 · Current Price. Apr 30, 2024 · 3M ( MMM) stock gained nearly 5% Tuesday and is up another 3% Wednesday, making one of the best-performing best Dow Jones stocks so far this week. Historical dividend payout and yield for 3M (MMM) since 1989. The 5. Tuesday, CFRA analyst Jonathan Sakraida upgraded 3M stock to Buy from Hold Apr 25, 2011 · A high-level overview of 3M Company (MMM) stock. 3M remains a high-quality May 28, 2024 · 2. One of the “dividend aristocrats” is in trouble—and a payout cut is likely coming. 7% increase from prior dividend of $1. 50 per share for the fourth quarter of 2023. 85 billion. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 61% and 7. The company said Tuesday its annual 3 days ago · See the latest MMM stock price for 3M Co NYSE: MMM stock rating, related news, valuation, dividends and more to help you make your investing decisions. 85Cr in the quarter ending March 2024. Stay ahead with Nasdaq. 94 and $6. Last paid amount was $0. May 18, 2024 · In this article: MMM. 76 and $8. After the spinoff, 3M reduced its dividend. Non-3M Aristocrats in the S&P 500 yield Nov 9, 2022 · 3M India alongside its quarterly results on Wednesday announced a special dividend of Rs 850 per share for FY2023. 3M’s struggles are reflected in its stock price. 21 in dividends over the past 12 months, which represents a decrease of -52. 12, 2023, to shareholders of record at the close of business on Aug. 3M is a Dividend Aristocrat, meaning it has raised dividends for at least 25 years. $2. MMM's payout ratio is 100%. Dividend payments have increased over the last 10 years and are not covered by earnings with a payout ratio of -47. 70 per share for the second quarter of 2024. 3M shares were up 1. 51, which is 0. 51 per share for 1Q24. 5% Jun 17, 2024 · To wit, its EPS is projected to be $7. 9% dividend yield Mar 10, 2024 · Current Price. 18, 2022. P. Jun 28, 2024 · Dividend History Summary. 3M's current dividend is $6 a share, and its cash dividend paid out last year was $3. 8, 2022 / PRNewswire / -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. At May 2, 2024 · That's down from $9. Ex Dividend Date. 3M Is ‘Resetting’ Its Dividend. Now that there's greater clarity over the issue of legal settlements and the dividend cut is out of the way Jun 21, 2023 · 3M’s Juicy Dividend May Well Get Cut. 9% year to date, while the S&P 500 has advanced 10. Feb 2, 2024 · 3M ( MMM -0. 54 while the S&P 500 and Nasdaq Composite had risen 0. Strong quarterly results offer investors reason to hope the worst is over for the industrial conglomerate. The revenue grew by 6. ST. The current yield is 3M is a Dividend King, having raised its annual dividend payout for 64 years, and it currently offers a dividend yield of 6. , Aug. The current dividend yield for 3M (MMM) stock is 2. conceptualmotion The new dividend level hasn’t been announced yet. In 2021, this is how Better growth can lead to higher dividends in the future. One of these high-yield Dow Jones stocks stands out as the better buy. The dividend is payable Dec. 5. 12. 0. 6, 2024 / PRNewswire / -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. Find everything from its Valuation, Future Growth, Past Performance and more. 21, 2023. The current TTM dividend payout for 3M (MMM) as of July 03, 2024 is $2. 80 per share, with a forward yield of 2. 11%. That’s too high. MMM pays dividends quarterly. Last year, the top line Jun 7, 2024 · At that price the stock would yield 86. 3M slashed its dividend by more than half on Tuesday, making good on the company's Apr 1, 2024 · Apr 1, 2024 • 6:30 AM EDT Download as PDF. 76%. 50 per share for the third quarter of 2023. 0%. 07, 2023 4:31 PM ET 3M Company (MMM) Stock By: Anuron Mitra, SA News Editor 9 Comments jetcityimage 3M ( NYSE: MMM ) declares $1. 7 billion dividend paid to it from the spinoff company, plus its 20% stake is valued at about $3. Solventum is listed on the New York Stock Exchange as SOLV. 72 billion and earnings of $2. 29%) are down around 20% from their 52-week high. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. 3M products include Scotch tape and Post-it notes. Barclays has been inconsistent in its 3M ( MMM -0. 52% year on year basis since last quarter. 3 billion, while its trailing-12-month free cash flow is $4. 4 days ago · Dividends. Dividend Aristocrats index, including 3M, which paid out $6 a share to investors in 2023. Apr 30, 2024 · Earnings Report. 55%. 3M has been increasing its dividend for 67 years. The last quarterly ex-dividend date was 5/23/2024. 78. 70 per share on June 12, 2024. The dividend is paid every three months and the last ex-dividend date was May 23, 2024. All it took was a dividend cut. That makes complete sense, given that it jettisoned an entire division and the revenue and earnings that it produced. 3M stock has returned just 24%, lagging the S&P 500 by more than Jun 1, 2024 · A look at 3M's dividend cut. 7000 per share on 2024-06-12. 3M Company together with its subsidiaries operates as a diversified technology firm. Feb 6, 2024 · 3M (MMM) declares $1. In the quarter ending March 2024, 3M India Ltd has declared dividend of ₹160 - translating a dividend yield of 1. xls model and solving for the dividend growth rate needed to generate the target $3,500 NPV MMA Differential, the calculated rate is 11. Aug 29, 2023 · The dividend currently costs $3. 3M stock is a Dividend King no more, as the company slashed its payout following the Solventum spinoff. 5% in midday trading at $101. , April 1, 2024 /PRNewswire/ -- Today, 3M completed the planned spin-off of its health care business, which formally launches Solventum Corporation as an independent company. 76%, higher than the bottom 25% of all stocks that pay dividends. Morgan analyst Stephen Tusa. In the assessment of 12-month price targets, analysts unveil insights for 3M, presenting an average target of $104. 7 Mar 21, 2024 · Current Price. -1. Dividend Sustainability. 75% from the previous year. All told, its EPS is expected to climb to about $10 in 5 years. (MMM), a general industrial company listed on NYSE. 3M has paid dividends to its shareholders PAUL, Minn. 84. Is the stock still a buy for investors seeking passive income? Jun 1, 2024 · Current Price. +0. The last reported dividend for 3M (MMM) was $0. Based on earnings estimates, 3M will have a dividend payout ratio of 35. Research 3M's (NYSE:MMM) stock price, latest news & stock analysis. $103. 2 billion in net sales and an operating profit of $1. 29%) will attract income-seeking investors. 3M cut its dividend to a level that is far below the prior payment, and income investors should take note. Price as of June 27, 2024, 4:00 p. The May 7, 2024 · A stock to buy. 3M Dividend Calendar. Wall Street sentiment regarding 3M shares is improving. 3M stock seems likely to be under pressure until investors get The Catalyst Is the Dividend Cut. 3m Co's next ex-dividend date has not been announced yet. May 23, 2024 · 3M Company has an annual dividend of $2. The company announced a quarterly dividend of $1. JP Morgan Chase & Company. A looming stock spinoff should give investors a reason to pause. PAUL, Minn. 99%. Why Its Stock Is Soaring. 49 per share for the second quarter of 2022. The Dow Jones Industrial Average DJIA , of which 3M is a component, has tacked on 5. 5 billion S&P 500 Index. The current dividend yield for 3M as of July 03, 2024 is 2. $99. 63 buy point after breaking out from a cup-with-handle pattern. 50. The dividend is payable March 12, 2022, to shareholders of record at the close of business on Feb. 51 Apr 30, 2024 · 3M to Cut Dividend After Healthcare Spinoff; Stock Rises. Price as of July 2, 2024, 4:00 p. Once a Dividend King, 3M Oct 13, 2023 · And for many investors, there's one clear reason to own the stock today: the dividend. Resize. The dividend is payable June 12, 2024, to shareholders of record at the close of business on May 24, 2024. 3M (MMM) announced on May 14, 2024 that shareholders of record as of May 23, 2024 would receive a dividend of $0. There is a split among analysts regarding the outlook for investing in the industrial giant. May 23, 2024. 3M Board Declares Quarterly Dividend. 7, 2023 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. 00%. 53K) @Deep Value Ideas 3M will get a one-time $6. 3M Co's Dividend Analysis The Sustainability Question: Payout 3 days ago · 3M pays a meaningful dividend of 2. 3M Company ( NYSE:MMM) will increase its dividend on the 12th of March to $1. Published: May 14, 2024 at 4:30 p. The dividend is payable June 12, 2022, to shareholders of record at the close of business on May 20, 2022. 00. That's roughly double what you would get from dividend stocks Shares of dividend stock 3M have hit a 107. 17. May 14, 2024 · 3M has officially ended its reign as one of a few Dividend Kings, a small class of companies that have consistently increased dividends for 50 years. 3M has significant multi-year payments to make as a result of legal settlements -- $12. m. MMM's ex-dividend date. 51 payout. Apr 1, 2024 · Holders of 3M common stock received one share of Solventum common stock for every four shares of 3M common stock held at the close of business on March 18, 2024, the record date for the Feb 6, 2024 · ST. Investors interested in industrial giant 3M ( MMM 1. 3%. What is the dividend yield for 3M (NYSE:MMM)? 3M has no upcoming dividends reported. Last Chance: Save $40 on Premium. 3M is a Dividend King, having raised its annual dividend payout for 64 years, and it currently offers a Apr 30, 2024 · The results also mark the end of 3M's six-decade-long history of raising its dividend each year. 3M Price Performance Feb 6, 2024 · 3M (MMM) declares $1. 6, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. "We would wish to inform that at the Meeting of the Board of Directors of the company held today on November 9, 2022, the board have inter-alia declared an Interim (Special) Dividend of Rs 850/- per equity share of face value Rs 10/- each, for the financial year 2022-23," said the May 15, 2024 · 3M’s stock has gained 10. 67% respectively. Annual Dividend () $2. Long-suffering 3M ( MMM Feb 14, 2024 · Based on 3M Co's dividend yield and five-year growth rate, the 5-year yield on cost of 3M Co stock as of today is approximately 7. 95%) has been a mess for years now, with the stock losing half of its value over the past five years and trailing the S&P 500 by about 130 percentage points. 51 per share for the first quarter of 2024. 8% and 1 Apr 3, 2024 · Price as of June 14, 2024, 4:00 p. See the dividend yield, payment dates, amounts, forecasts, and accuracy for the past and future quarters. , May 10, 2022 / PRNewswire / -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1. 25 / share, the stock's dividend yield is 5. 49 per share for the first quarter of 2022. 39 on a per-share and adju 2 months ago - Forbes. Price as of May 24, 2024, 4:00 p. 7% higher than last year's payment from the same period of $1. Given that range, 3M can't comfortably afford to continue paying its current annualized-dividend rate of Jun 23, 2023 · 25 Jun. 19. 3M India Ltd’s revenue were ₹1,124. This dividend growth rate is higher than the -39. This level . Price as of June 28, 2024, 4:00 p. xg qn zg ih tt dc ec bd kk kt