3M Board Declares Quarterly Dividend

Rhea-AI Summary

The 3M Board of Directors declared a quarterly dividend of $0.70 per share for Q2 2024.

The dividend is payable on June 12, 2024, to shareholders of record as of May 24, 2024.

3M has a long history of uninterrupted dividend payments for over 100 years.

As of March 31, 2024, 3M had 553,361,257 common shares outstanding and 59,380 shareholders of record.

Positive

• 3M declared a quarterly dividend of $0.70 per share for Q2 2024, indicating financial stability.
• The dividend payment date is June 12, 2024, providing a concrete return to shareholders.
• 3M has a consistent history of over 100 years of uninterrupted dividend payments, showcasing long-term reliability and commitment to shareholders.

Negative

• The dividend amount of $0.70 per share remains unchanged, signaling no increase in shareholder returns.

ST. PAUL, Minn., May 14, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the second quarter of 2024. The dividend is payable June 12, 2024, to shareholders of record at the close of business on May 24, 2024.

3M has paid dividends to its shareholders without interruption for more than 100 years.

As of March 31, 2024, 3M had 553,361,257 common shares outstanding and 59,380 shareholders of record.

About 3M

3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we're working to improve lives and make what's next at 3M.com/news.

Investor Contact:
Bruce Jermeland
651-733-1807
or
Diane Farrow 
612-202-2449
or
Eric Herron
651-233-0043

Media Contact:
Sean Lynch
slynch2@mmm.com

 

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SOURCE 3M Company

FAQ

What is the dividend per share announced by 3M for Q2 2024?

3M announced a dividend of $0.70 per share for the second quarter of 2024.

When will 3M's Q2 2024 dividend be paid?

The dividend will be paid on June 12, 2024.

What is the record date for 3M's Q2 2024 dividend?

The record date for the dividend is May 24, 2024.

How many shares of common stock does 3M have outstanding as of March 31, 2024?

3M had 553,361,257 common shares outstanding as of March 31, 2024.

How long has 3M been paying uninterrupted dividends?

3M has paid uninterrupted dividends for more than 100 years.