3M Board Declares Quarterly Dividend

Rhea-AI Summary

The 3M Board of Directors has declared a quarterly dividend of $1.47 per share for Q4 2020, payable on December 12, 2020, to shareholders of record by November 20, 2020. This marks over 100 years of uninterrupted dividend payments, demonstrating the company's long-standing commitment to returning value to shareholders. 3M reported $32 billion in sales and has approximately 576 million common shares outstanding as of September 30, 2020. The company serves a global customer base with a workforce of 96,000 employees.

Positive

• Declaring a dividend of $1.47 per share for the fourth quarter, reinforcing shareholder value.
• Over 100 years of uninterrupted dividend payments, showcasing reliability and commitment to investors.

Negative

• None.

ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.47 per share for the fourth quarter of 2020. The dividend is payable December 12, 2020, to shareholders of record at the close of business on November 20, 2020.

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

As of September 30, 2020, 3M had 576,821,878 common shares outstanding and 72,692 shareholders of record.

About 3M

At 3M, we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 96,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNews.3M