How much dividend does 3M pay?
Over the past 12 months, 3M paid a dividend of 6 USD . This corresponds to a dividend yield of about 4.7 %. For the coming 12 months, 3M is expected to pay a dividend of 6.96 USD.
3M Dividend 2024
3M Dividend
6 USD
3M Dividend yield
4.7 %
Ticker
MMM
ISIN
US88579Y1010
WKN
851745
How much dividend does 3M 2024 pay?
According to the latest status from August 2024, 3M paid a total of 6 USD per share in dividends within the last 12 months. With the current 3M price of 127.55 USD, this corresponds to a dividend yield of 4.7 %. A dividend is paid 4 times per year.
| 4.7 % Dividend Yield | = |
|
Historical 3M Dividends
A dividend is paid 4 times per year. Last year, the payout months were March, June, September and December.
| Paydate | Dividend |
|---|---|
| 6/23/2024 | 0.7 |
| 3/15/2024 | 1.51 |
| 12/16/2023 | 1.5 |
| 9/18/2023 | 1.5 |
| 6/18/2023 | 1.5 |
| 3/16/2023 | 1.5 |
| 12/17/2022 | 1.49 |
| 9/19/2022 | 1.49 |
| 6/19/2022 | 1.49 |
| 3/17/2022 | 1.49 |
| 12/18/2021 | 1.48 |
| 9/20/2021 | 1.48 |
| 6/20/2021 | 1.48 |
| 3/11/2021 | 1.48 |
| 12/19/2020 | 1.47 |
| 9/21/2020 | 1.47 |
| 6/21/2020 | 1.47 |
| 3/13/2020 | 1.47 |
| 12/21/2019 | 1.44 |
| 9/15/2019 | 1.44 |
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3M dividend history and estimates US88579Y1010 · 851745
In 2023, 3M paid a dividend amounting to 6 USD. Dividend means that 3M distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for 3M provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify 3M’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating 3M's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
3M Dividend History
| Date | 3M Dividend |
|---|---|
| 2028e | 6.96 undefined |
| 2027e | 6.96 undefined |
| 2026e | 6.96 undefined |
| 2025e | 6.96 undefined |
| 2024e | 6.97 undefined |
| 2023 | 6 undefined |
| 2022 | 5.96 undefined |
| 2021 | 5.92 undefined |
| 2020 | 5.88 undefined |
| 2019 | 5.76 undefined |
| 2018 | 5.44 undefined |
| 2017 | 4.7 undefined |
| 2016 | 4.44 undefined |
| 2015 | 4.1 undefined |
| 2014 | 3.42 undefined |
| 2013 | 2.54 undefined |
| 2012 | 2.36 undefined |
| 2011 | 2.2 undefined |
| 2010 | 2.1 undefined |
| 2009 | 2.04 undefined |
| 2008 | 2 undefined |
| 2007 | 1.92 undefined |
| 2006 | 1.84 undefined |
| 2005 | 1.68 undefined |
| 2004 | 1.44 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 1.44 USD | 0 USD |
| 2005 | 1.68 USD | 0 USD |
| 2006 | 1.84 USD | 0 USD |
| 2007 | 1.92 USD | 0 USD |
| 2008 | 2 USD | 0 USD |
| 2009 | 2.04 USD | 0 USD |
| 2010 | 2.1 USD | 0 USD |
| 2011 | 2.2 USD | 0 USD |
| 2012 | 2.36 USD | 0 USD |
| 2013 | 2.54 USD | 0 USD |
| 2014 | 3.42 USD | 0 USD |
| 2015 | 4.1 USD | 0 USD |
| 2016 | 4.44 USD | 0 USD |
| 2017 | 4.7 USD | 0 USD |
| 2018 | 5.44 USD | 0 USD |
| 2019 | 5.76 USD | 0 USD |
| 2020 | 5.88 USD | 0 USD |
| 2021 | 5.92 USD | 0 USD |
| 2022 | 5.96 USD | 0 USD |
| 2023 | 6 USD | 0 USD |
| 2024e | 0 USD | 6.97 USD |
| 2025e | 0 USD | 6.96 USD |
| 2026e | 0 USD | 6.96 USD |
| 2027e | 0 USD | 6.96 USD |
| 2028e | 0 USD | 6.96 USD |
Is the 3M Dividend Safe?
3M has been increasing the dividend for 66 years.
Over the past 10 years, 3M has increased it by an annual 8.976 %.
Over a five-year period, the distribution increased by 1.979%.
Analysts expect a Dividend Increase of 7.744% for the current fiscal year.
3M dividend payout ratio US88579Y1010 · 851745
In 2023, 3M had a payout ratio of 59.95%. The payout ratio indicates the percentage of the company's profits that 3M distributes as dividends.
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Payout ratio
Details
Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for 3M represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for 3M could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate 3M's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
3M Payout Ratio History
| Date | 3M Payout ratio |
|---|---|
| 2028e | 59.24 % |
| 2027e | 59.18 % |
| 2026e | 59.37 % |
| 2025e | 59.17 % |
| 2024e | 59 % |
| 2023 | 59.95 % |
| 2022 | 58.55 % |
| 2021 | 58.5 % |
| 2020 | 62.82 % |
| 2019 | 74.61 % |
| 2018 | 61.26 % |
| 2017 | 59.34 % |
| 2016 | 54.41 % |
| 2015 | 54.09 % |
| 2014 | 45.66 % |
| 2013 | 37.8 % |
| 2012 | 37.34 % |
| 2011 | 36.91 % |
| 2010 | 37.3 % |
| 2009 | 45.13 % |
| 2008 | 40.9 % |
| 2007 | 34.29 % |
| 2006 | 36.36 % |
| 2005 | 42.21 % |
| 2004 | 40.45 % |
| Payout ratio | |
|---|---|
| 2004 | 40.45 % |
| 2005 | 42.21 % |
| 2006 | 36.36 % |
| 2007 | 34.29 % |
| 2008 | 40.9 % |
| 2009 | 45.13 % |
| 2010 | 37.3 % |
| 2011 | 36.91 % |
| 2012 | 37.34 % |
| 2013 | 37.8 % |
| 2014 | 45.66 % |
| 2015 | 54.09 % |
| 2016 | 54.41 % |
| 2017 | 59.34 % |
| 2018 | 61.26 % |
| 2019 | 74.61 % |
| 2020 | 62.82 % |
| 2021 | 58.5 % |
| 2022 | 58.55 % |
| 2023 | 59.95 % |
| 2024e | 59 % |
| 2025e | 59.17 % |
| 2026e | 59.37 % |
| 2027e | 59.18 % |
| 2028e | 59.24 % |
Dividend Details
Understanding 3M's Dividend Distributions
3M’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining 3M's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
3M's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in 3M’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
3M Aktienanalyse
What does 3M do?
The 3M Co, also known as Minnesota Mining and Manufacturing Company, was founded in 1902 and is headquartered in Maplewood, Minnesota. The company is a multinational conglomerate with a wide range of products and divisions. 3M is recognized as an innovation leader and offers a variety of solutions in the healthcare, transportation, safety, electronics, and communications sectors. 3M Co's business model is based on research and development to create new products and technologies. They also have a strategy of collaborating with customers and partners to improve their products and services. Their focus is on developing products that enhance daily life. The various divisions of 3M Co include healthcare, electronics, safety, packaging, construction, automotive, and utilities. Each of these divisions has its own specific products and solutions. For example, the healthcare division offers innovative medical devices, surgical instruments, drug delivery systems, electronic medical record systems, and other products. The electronics division provides solutions for mobile devices, computers, and televisions, while the safety division offers protective clothing, safety signs, and surveillance software, among others. Among the numerous products manufactured by 3M Co, some of the most well-known brands include Post-it, Scotch Tape, Nexcare, and Command. Post-it is a sticky note that is globally recognized for its unique adhesion and reusability. Scotch Tape is a widely used brand of adhesive tape, while Nexcare is a brand for medical consumables. Command is a brand for fastening products such as hooks and hangers. 3M Co is also known for its groundbreaking research and development. For example, in the 1960s, the company developed the first artificial knee joint, which served as a precursor for modern artificial joints. Another groundbreaking invention by 3M is the invention of the Post-it sticky note pad, which later became one of the most popular office products worldwide. Overall, 3M Co is a leading innovator in the manufacturing of products and solutions across a variety of sectors and is a key player in the economy. 3M is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The 3M stock can be added to a savings plan with the following providers: Trade Republic, Scalable Capital and Consorsbank
Frequently Asked Questions about 3M stock
What is the dividend yield of 3M?
The current dividend yield of 3M is 4.7 %.
When does 3M pay dividends?
3M pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of 3M?
3M paid dividends every year for the past 109 years.
What is the dividend of 3M?
For the upcoming 12 months, dividends amounting to 6.96 USD are expected. This corresponds to a dividend yield of 5.46 %.
In which sector is 3M located?
3M is assigned to the 'Industry' sector.
Wann musste ich die Aktien von 3M kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 3M from 6/12/2024 amounting to 0.7 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.
When did 3M pay the last dividend?
The last dividend was paid out on 6/12/2024.
What was the dividend of 3M in the year 2023?
In the year 2023, 3M distributed 5.96 USD as dividends.
In which currency does 3M pay out the dividend?
The dividends of 3M are distributed in USD.
Andere Kennzahlen von 3M
Our stock analysis for 3M Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 3M Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
