MMM 3M dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: MMM
- Dividend
3M's last dividend was on Feb 14, 2025 (ex-date) with a distribution of $0.73 per share. At an annualized rate of $2.83 per share, the stock yields 1.85%. The latest dividend has increased by $0.03, or 4.3% from the prior dividend.
Key dates
- MMM last dividend date: Feb 14, 2025
MMM dividend stats
vs. Industrials sector
Dividend yield
MMM has a dividend yield of 1.85% which is higher than the Industrials sector and the industry average but lower than its peers average. If we compare it with the Industrials sector average of 1.49%, 3M's dividend yield is 24% higher. Historically MMM's dividend yield has averaged at 4.2% in the last 5 years, which is more than the current one.
Dividend history
3M has been paying dividends since 1993. MMM has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 53% for the last twelve months. And with the stock price up by 46% from a year ago, the dividend yield has decreased by 68%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 14, 2025 | $0.73 | 1.9% |
| Nov 15, 2024 | $0.7 | 2.78% |
| Aug 26, 2024 | $0.7 | 3.34% |
| May 23, 2024 | $0.7 | 5.24% |
| Feb 15, 2024 | $1.51 | 6.51% |
| Nov 16, 2023 | $1.5 | 6.27% |
| Aug 18, 2023 | $1.5 | 5.99% |
| May 18, 2023 | $1.5 | 6% |
| Feb 16, 2023 | $1.5 | 5.33% |
| Nov 17, 2022 | $1.49 | 4.69% |
| Aug 19, 2022 | $1.49 | 4.1% |
| May 19, 2022 | $1.49 | 4.04% |
| Feb 17, 2022 | $1.49 | 3.99% |
| Nov 18, 2021 | $1.48 | 3.31% |
| Aug 20, 2021 | $1.48 | 3.04% |
| May 20, 2021 | $1.48 | 2.93% |
| Feb 11, 2021 | $1.48 | 3.32% |
| Nov 19, 2020 | $1.47 | 3.43% |
| Aug 21, 2020 | $1.47 | 3.62% |
| May 21, 2020 | $1.47 | 3.99% |
| Feb 13, 2020 | $1.47 | 3.62% |
| Nov 21, 2019 | $1.44 | 3.49% |
| Aug 15, 2019 | $1.44 | 3.62% |
| May 23, 2019 | $1.44 | 3.38% |
| Feb 14, 2019 | $1.44 | 2.69% |
| Nov 21, 2018 | $1.36 | 2.74% |
| Aug 23, 2018 | $1.36 | 2.59% |
| May 17, 2018 | $1.36 | 2.53% |
| Feb 15, 2018 | $1.36 | 2.08% |
| Nov 22, 2017 | $1.175 | 2.03% |
| Aug 23, 2017 | $1.175 | 2.29% |
| May 17, 2017 | $1.175 | 2.35% |
| Feb 15, 2017 | $1.175 | 2.48% |
| Nov 16, 2016 | $1.11 | 2.58% |
| Aug 17, 2016 | $1.11 | 2.42% |
| May 18, 2016 | $1.11 | 2.56% |
| Feb 10, 2016 | $1.11 | 2.75% |
| Nov 18, 2015 | $1.025 | 2.6% |
| Aug 19, 2015 | $1.025 | 2.69% |
| May 20, 2015 | $1.025 | 2.32% |
| Feb 11, 2015 | $1.025 | 2.18% |
3M dividend payout ratio
Payout ratio
MMM has a payout ratio of 35.6% which is higher than the Industrials sector and the industry average but lower than its peers average. But in comparison with the Industrials sector average of 35%, 3M's payout ratio is only 1.7% higher.
Total amount of dividends paid per financial year (from cash flow)
MMM dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HPQ Hp Inc | 3.85% | $1.13 | 40.4% |
| XRAY DENTSPLY SIRONA Inc | 3.83% | $0.64 | N/A |
| JNJ Johnson & Johnson | 3.28% | $4.96 | 54.7% |
| ITW Illinois Tool Works Inc | 2.35% | $5.9 | 51.7% |
| GLW Corning Inc | 2.32% | $1.12 | 215.4% |
| HON Honeywell International Inc | 2.01% | $4.47 | 51.1% |
| MMM 3M Co | 1.85% | $2.83 | 35.6% |
| GE General Electric Co | 0.64% | $1.48 | 22.8% |
| DHR Danaher Corp | 0.58% | $1.13 | 21.8% |
| AAPL Apple Inc | 0.48% | $1.01 | 15.7% |
Frequently asked questions
Does 3M pay a dividend?
Yes, 3M has been paying dividends for the last 32 years.
When was MMM's last dividend?
3M's last regular dividend was on Feb 14, 2025 (ex-date) with the amount of $0.73 per share.
How much dividend does 3M pay (per share)?
MMM has paid dividend of $2.83 per share in the last year.
What is 3M's dividend yield?
3M's current dividend yield is 1.85%.
How often does 3M pay dividends?
3M pays dividends quarterly.
What is 3M's dividend payout ratio?
3M's dividend payout ratio is 35.6%.
Does 3M pay a good dividend?
3M's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield.