3M Board Declares Quarterly Dividend

Rhea-AI Summary

The 3M Board of Directors has declared a quarterly dividend of $1.50 per share for Q1 2023. Shareholders of record as of February 17, 2023 will receive this payment on March 12, 2023. 3M has a historic track record of over 100 years of uninterrupted dividend payments. As of December 31, 2022, the company reported 549,245,105 common shares outstanding and 62,801 shareholders of record.

Positive

• Declared a quarterly dividend of $1.50 per share.
• Continued dividend payments for over 100 years.
• Strong shareholder base with over 62,000 shareholders.

Negative

• None.

ST. PAUL, Minn., Feb. 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 first quarter of 2023. The dividend is payable March 12, 2023, to shareholders of record at the close of business on Feb. 17, 2023.

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

As of Dec. 31, 2022, 3M had 549,245,105 common shares outstanding and 62,801 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 or on Twitter at @3M or @3MNews.

Investor Contact:
Bruce Jermeland
651-733-1807
or
Diane Farrow 
612-202-2449
or
Media Contact:
Tim Post
tpost3@mmm.com

 

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SOURCE 3M

FAQ

What is the dividend amount for 3M for Q1 2023?

The dividend amount declared by 3M for Q1 2023 is $1.50 per share.

When will 3M's dividend be paid?

The dividend will be paid on March 12, 2023.

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

The record date for 3M's dividend is February 17, 2023.

How long has 3M been paying dividends?

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