3M Stock Dividends
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 27.20%.
Dividend Yield Range
AI Analysis of MMM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 27.20% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 1,059.33% |
| Payout Ratio | 0 |
| Amount Per Share | $17.39 |
| Next Ex-Dividend Date | May 23, 2024 |
| Next Payment Date | Jun 12, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MMM the purchase should be done within the next 5 days.
Here's a simple guide on how to buy MMM stock.
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 | |
|---|---|---|---|---|---|
| 21 | Nov 12, 2019 | Nov 21, 2019 | Dec 12, 2019 | $1.44 | 1.02% |
| 22 | Aug 06, 2019 | Aug 15, 2019 | Sep 12, 2019 | $1.44 | 1.01% |
| 23 | May 14, 2019 | May 23, 2019 | Jun 12, 2019 | $1.44 | 1.02% |
| 24 | Feb 05, 2019 | Feb 14, 2019 | Mar 12, 2019 | $1.44 | 0.84% |
| 25 | Nov 13, 2018 | Nov 21, 2018 | Dec 12, 2018 | $1.36 | 0.81% |
| 26 | Aug 14, 2018 | Aug 23, 2018 | Sep 12, 2018 | $1.36 | 0.787% |
| 27 | May 08, 2018 | May 17, 2018 | Jun 12, 2018 | $1.36 | 0.794% |
| 28 | Jan 25, 2018 | Feb 15, 2018 | Mar 12, 2018 | $1.36 | 0.678% |
| 29 | Nov 14, 2017 | Nov 22, 2017 | Dec 12, 2017 | $1.18 | 0.594% |
| 30 | Aug 15, 2017 | Aug 23, 2017 | Sep 12, 2017 | $1.18 | 0.670% |
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
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 27.20%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.514%). MMM’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.38%).
MMM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| 3M | 56.022B | $17.39 | 27.20% | -47.12% | |
| Lockheed Martin | 111.53B | $3.15 | 3.46% | 45.04% |
