A cash dividend payment of $1.11 per share is scheduled to be paid on December 12, 2016. Shareholders who purchased MMM prior to the ex-dividend date are eligible for the cash dividend payment.
3M Company ( MMM ) will begin trading ex-dividend on November 16, 2016. A cash dividend payment of $1.11 per share is scheduled to be paid on December 12, 2016. Shareholders who purchased MMM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MMM has paid the same dividend. At the current stock price of $172.91, the dividend yield is 2.57%.
3M Company operates as a diversified technology company worldwide, whose products include tapes, abrasives products, adhesives, ceramics, etc. The previous trading day's last sale of MMM was $172.91, representing a -5.14% decrease from the 52 week high of $182.27 and a 28.42% increase over the 52 week low of $134.64.
MMM is a part of the Health Care sector, which includes companies such as Stryker Corporation ( SYK ) and Becton, Dickinson and Company ( BDX ). MMM's current earnings per share, an indicator of a company's profitability, is $7.94. Zacks Investment Research reports MMM's forecasted earnings growth in 2016 as 5.94%, compared to an industry average of .3%.
For more information on the declaration, record and payment dates, visit the MMM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MMM through an Exchange Traded Fund [ETF]
The following ETF(s) have MMM as a top-10 holding:
iShares MSCI USA ESG Select ETF ( KLD )
Vanguard Industrials ETF - DNQ ( VIS )
iShares U.S. Industrials ETF ( IYJ )
iShares Global Industrials ETF ( EXI )
Vanguard Div Appreciation ETF - DNQ ( VIG ).
The top-performing ETF of this group is VIS with an increase of 8.32% over the last 100 days. KLD has the highest percent weighting of MMM at 4.56%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.