3M Board Declares Quarterly Dividend

Rhea-AI Summary

3M (NYSE:MMM) Declares $1.50 Per Share Dividend for Q4 2023

Positive

• 3M continues its uninterrupted streak of paying dividends for over 100 years
• With 552,317,038 common shares outstanding, 3M's dividend payment will have a significant financial impact

Negative

• None.

ST. PAUL, Minn., Nov. 7, 2023 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1.50 per share for the fourth quarter of 2023. The dividend is payable Dec. 12, 2023, to shareholders of record at the close of business on Nov. 17, 2023.

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

As of Sept. 30, 2023, 3M had 552,317,038 common shares outstanding and 60,529 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 amount declared by 3M for Q4 2023?

3M has declared a dividend of $1.50 per share for the fourth quarter of 2023.

How long has 3M been paying dividends to its shareholders?

3M has been paying dividends without interruption for over 100 years.

When is the dividend payable to 3M shareholders?

The dividend declared by 3M is payable on Dec. 12, 2023.

How many common shares does 3M have outstanding as of Sept. 30, 2023?

As of Sept. 30, 2023, 3M had 552,317,038 common shares outstanding.