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3M Stock Dividends Overview

MMM pays dividends quarterly. Last paid amount was $17.39 at Apr 01, 2024. As of today, dividend yield (TTM) is 26.12%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 26.12%
Frequency Quarterly
1Y Growth -53.33%
Payout Ratio 0
Amount Per Share $0.700
Next Ex-Dividend Date May 23, 2024
Next Payment Date Jun 12, 2024

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.


# Declaration Date Ex-Date Pay Date Amount Yield
121 Feb 17, 1995 Feb 17, 1995 Mar 12, 1995 $0.235 1.00%
122 Nov 18, 1994 Nov 18, 1994 Dec 12, 1994 $0.220 1.00%
123 Aug 15, 1994 Aug 15, 1994 Sep 12, 1994 $0.220 0.94%
124 May 16, 1994 May 16, 1994 Jun 12, 1994 $0.220 1.01%
125 Feb 18, 1994 Feb 18, 1994 Mar 12, 1994 $0.220 1.02%
126 Nov 15, 1993 Nov 15, 1993 Dec 12, 1993 $0.208 0.92%
127 Aug 16, 1993 Aug 16, 1993 Sep 12, 1993 $0.208 0.93%
128 May 17, 1993 May 17, 1993 Jun 12, 1993 $0.208 0.91%
129 Feb 22, 1993 Feb 22, 1993 Mar 12, 1993 $0.208 0.91%
130 Nov 16, 1992 Nov 16, 1992 Dec 12, 1992 $0.200 0.92%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (49.96%)

Growth potential

Stable (10.00%)

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 26.12%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.515%). MMM’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.46%).

MMM Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
MMM
3M 55.414B $0.700 26.12% -47.12%
LMT
Lockheed Martin 110.597B $3.15 3.46% 45.04%

FAQ

What factors can affect the amount of MMM's dividend payments?
The amount of MMM's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MMM sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MMM stock be automatically reinvested?
If MMM offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MMM stock.

How often does MMM pay dividend?
3M (MMM) pays dividends quarterly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is May 23, 2024, with an amount of $0.700.

How much does MMM pays per share?
The last recorder (Apr 01, 2024) dividend per share was $17.39.

What is MMM dividend growth rate?
Over the last year, 3M has witnessed growth rate of -53.33% . Looking back over the past 3 years, this growth rate has been -22.09%. Furthermore, examining the past 5 years, 3M has maintained an average Dividends Per Share Growth Rate of -13.43%.
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About 3M Company

3M 3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction ... MMM Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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