3M Board Declares Quarterly Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

3M (NYSE:MMM) has declared a quarterly dividend of $0.70 per share for Q4 2024, payable on December 12, 2024, to shareholders of record as of November 15, 2024. The company highlights its consistent dividend payment history spanning over 100 years. As of September 30, 2024, 3M reported 544,558,607 common shares outstanding and 57,636 shareholders of record.

Positive

Maintained consistent dividend payment of $0.70 per share
Uninterrupted dividend payment track record for over 100 years

Negative

None.

News Market Reaction 1 Alert

+5.85% News Effect

On the day this news was published, MMM gained 5.85%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/05/2024 - 05:08 PM

ST. PAUL, Minn., Nov. 5, 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 fourth quarter of 2024. The dividend is payable Dec. 12, 2024, to shareholders of record at the close of business on Nov. 15, 2024.

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

As of Sept. 30, 2024, 3M had 544,558,607 common shares outstanding and 57,636 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