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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – MMM
The recorded move for MMM in the trading session of this news was -1.21%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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.
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
View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-board-declares-quarterly-dividend-301672261.html
SOURCE 3M
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