3M Stock Dividends
3M Stock Dividends Overview
MMM pays dividends quarterly. Last paid amount was $1.51 at Mar 12, 2024. As of today, dividend yield (TTM) is 8.70%.
Dividend Yield Range
AI Analysis of MMM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 8.70% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0.667% |
| Payout Ratio | 0 |
| Amount Per Share | $1.51 |
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3M has not yet announced its next dividend date. Last payment date was: Mar 12, 2024.
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MMM Dividend Payout History
To ensure a understanding of MMM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 06, 2024 | Feb 15, 2024 | Mar 12, 2024 | $1.51 | 1.83% |
| 2 | Nov 07, 2023 | Nov 16, 2023 | Dec 12, 2023 | $1.50 | 1.75% |
| 3 | Aug 11, 2023 | Aug 21, 2023 | Sep 12, 2023 | $1.50 | 1.67% |
| 4 | Aug 11, 2023 | Aug 18, 2023 | Sep 12, 2023 | $1.50 | 1.67% |
| 5 | May 09, 2023 | May 18, 2023 | Jun 12, 2023 | $1.50 | 1.77% |
| 6 | Feb 07, 2023 | Feb 16, 2023 | Mar 12, 2023 | $1.50 | 1.72% |
| 7 | Nov 08, 2022 | Nov 17, 2022 | Dec 12, 2022 | $1.49 | 1.40% |
| 8 | Aug 12, 2022 | Aug 19, 2022 | Sep 12, 2022 | $1.49 | 1.43% |
| 9 | May 11, 2022 | May 19, 2022 | Jun 12, 2022 | $1.49 | 1.29% |
| 10 | Feb 08, 2022 | Feb 17, 2022 | Mar 12, 2022 | $1.49 | 1.26% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MMM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MMM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MMM stock here.
Comparing MMM to Sector and Country
MMM pays a solid dividend yield of 8.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.526%). MMM’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.44%).
MMM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| 3M | 50.998B | $1.51 | 8.70% | -47.33% | |
| Lockheed Martin | 111.777B | $3.15 | 3.46% | 45.04% |
