3M Board Declares Quarterly Dividend
3M (NYSE:MMM) has announced a quarterly dividend of $0.73 per share for Q1 2025, payable on March 12, 2025, to shareholders of record as of February 14, 2025.
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
3M (NYSE:MMM) has announced a quarterly dividend of $0.73 per share for Q1 2025, payable on March 12, 2025, to shareholders of record as of February 14, 2025. The company highlights its consistent dividend payment track record spanning over 100 years without interruption.
Additionally, the Board has approved a new share repurchase program of up to $7.5 billion, replacing the existing program, with no pre-established end date. As of December 31, 2024, 3M reported 539,470,303 outstanding common shares and 57,056 shareholders of record.
Positive
- Continuation of dividend payments, maintaining over 100-year streak of uninterrupted dividends
- New $7.5 billion share repurchase program authorized, potentially increasing shareholder value
- Large shareholder base with over 57,000 shareholders of record
Negative
- None.
Details
News Market Reaction – MMM
The recorded move for MMM in the trading session of this news was +0.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
3M has paid dividends to its shareholders without interruption for more than 100 years.
The board also authorized the repurchase of up to
As of December 31, 2024, 3M had 539,470,303 common shares outstanding and 57,056 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:
Diane Farrow
612-202-2449
or
Eric Herron
651-233-0043
Media Contact:
Sean Lynch
slynch2@mmm.com
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SOURCE 3M Company
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