3M Board Declares Quarterly Dividend
The 3M Board of Directors declared a quarterly dividend of $1.48 per share for Q2 2021, payable on June 12, 2021, to shareholders of record by May 21, 2021.
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 $1.48 per share for Q2 2021, payable on June 12, 2021, to shareholders of record by May 21, 2021. This marks over 100 years of uninterrupted dividend payments to its shareholders. As of March 31, 2021, 3M had approximately 579.7 million common shares outstanding and 67,849 shareholders of record.
Positive
- Declaring a dividend of $1.48 per share shows continued financial strength.
- 3M has a long-standing history of paying dividends for over 100 years, indicating stability and reliability.
Negative
- None.
Details
News Market Reaction – MMM
The recorded move for MMM in the trading session of this news was -2.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST. PAUL, Minn., May 11, 2021 /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, 2021, 3M had 579,675,002 common shares outstanding and 67,849 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
Tony Riter
(651) 733-1141
Media Contact:
Tim Post
(651) 733-9789
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SOURCE 3M
FAQ
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