3M Board Declares Quarterly Dividend
3M (NYSE:MMM) has announced a quarterly dividend of $0.70 per share for the third quarter of 2024.
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 $0.70 per share for the third quarter of 2024. The dividend will be payable on September 12, 2024, to shareholders of record as of August 26, 2024. This declaration continues 3M's impressive track record of paying dividends without interruption for over 100 years. As of June 30, 2024, the company reported 549,353,621 outstanding common shares and 58,536 shareholders of record. This consistent dividend payout demonstrates 3M's commitment to delivering value to its shareholders and reflects the company's financial stability.
Positive
- Consistent dividend payout of $0.70 per share for Q3 2024
- Uninterrupted dividend payments for over 100 years
- Large shareholder base with 58,536 shareholders of record
Negative
- None.
Details
News Market Reaction – MMM
The recorded move for MMM in the trading session of this news was +0.02%.
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.
As of June 30, 2024, 3M had 549,353,621 common shares outstanding and 58,536 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:
Bruce Jermeland
651-733-1807
or
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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