3M Board Declares Quarterly Dividend
The 3M Board of Directors declared a quarterly dividend of $1.49 per share, payable on June 12, 2022, to shareholders of record by May 20, 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
The 3M Board of Directors declared a quarterly dividend of $1.49 per share, payable on June 12, 2022, to shareholders of record by May 20, 2022. This marks over 100 years of uninterrupted dividend payments by 3M, reflecting its commitment to return income to shareholders. As of March 31, 2022, there were 569,058,849 common shares outstanding and 64,941 shareholders of record.
Positive
- Quarterly dividend of $1.49 per share indicates strong income for shareholders.
- 3M has a long history of uninterrupted dividend payments for over 100 years.
Negative
- None.
Details
News Market Reaction – MMM
The recorded move for MMM in the trading session of this news was -1.82%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST. PAUL, Minn., May 10, 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 March 31, 2022, 3M had 569,058,849 common shares outstanding and 64,941 shareholders of record.
About 3M
At 3M, we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @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
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