3M Board Declares Quarterly Dividend

On November 8, 2022, 3M announced a quarterly dividend of $1.49 per share, set to be paid on December 12, 2022, to shareholders on record by November 18, 2022.

Rhea-AI Summary

On November 8, 2022, 3M announced a quarterly dividend of $1.49 per share, set to be paid on December 12, 2022, to shareholders on record by November 18, 2022. This marks over 100 years of uninterrupted dividend payments from the company, highlighting its commitment to shareholder returns. As of September 30, 2022, 3M had 552,742,915 common shares outstanding and 63,282 shareholders of record, reflecting a stable shareholder base.

Positive

• Declared quarterly dividend of $1.49 per share.
• Continues a history of over 100 years of uninterrupted dividend payments.
• Stable shareholder base with 63,282 shareholders.

Negative

• None.

News Market Reaction – MMM

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-1.21% Session move

In the trading session that priced this news, MMM declined 1.21%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ST. PAUL, Minn., Nov. 8, 2022 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1.49 per share for the fourth quarter of 2022. The dividend is payable Dec. 12, 2022, to shareholders of record at the close of business on Nov. 18, 2022.

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

As of Sept. 30, 2022, 3M had 552,742,915 common shares outstanding and 63,282 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 declared by 3M for Q4 2022?

3M declared a dividend of $1.49 per share for the fourth quarter of 2022.

When will 3M's dividend be paid?

The dividend will be paid on December 12, 2022.

What is the record date for 3M's Q4 2022 dividend?

The record date for the dividend is November 18, 2022.

How long has 3M been paying dividends?

3M has paid dividends without interruption for over 100 years.

How many shares does 3M have outstanding?

As of September 30, 2022, 3M had 552,742,915 common shares outstanding.