3M Board Declares Quarterly Dividend

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.

News Market Reaction

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+0.02% News Effect

On the day this news was published, MMM gained 0.02%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ST. PAUL, Minn., Aug. 16, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the third quarter of 2024. The dividend is payable September 12, 2024, to shareholders of record at the close of business on August 26, 2024.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-board-declares-quarterly-dividend-302224541.html

SOURCE 3M Company

FAQ

What is 3M's dividend amount for Q3 2024?

3M (NYSE:MMM) has declared a dividend of $0.70 per share for the third quarter of 2024.

When will 3M pay its Q3 2024 dividend?

The Q3 2024 dividend for 3M (NYSE:MMM) will be payable on September 12, 2024.

What is the record date for 3M's Q3 2024 dividend?

The record date for 3M's (NYSE:MMM) Q3 2024 dividend is August 26, 2024.

How long has 3M been paying dividends without interruption?

3M (NYSE:MMM) has paid dividends to its shareholders without interruption for more than 100 years.

How many outstanding common shares does 3M have as of June 30, 2024?

As of June 30, 2024, 3M (NYSE:MMM) had 549,353,621 common shares outstanding.