3M Dividend
Dividend criteria checks 3/6
3M is a dividend paying company with a current yield of 2.04%.
Key information
2.0%
Dividend yield
203%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$2.800 |
Earnings per share | US$2.59 |
Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMMD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMMD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
3M Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MMMD) | 2.0% |
Market Bottom 25% (AR) | 0.5% |
Market Top 25% (AR) | 3.5% |
Industry Average (Industrials) | 3.8% |
Analyst forecast (MMMD) (up to 3 years) | 2.3% |
Notable Dividend: MMMD's dividend (2.04%) is higher than the bottom 25% of dividend payers in the AR market (0.5%).
High Dividend: MMMD's dividend (2.04%) is low compared to the top 25% of dividend payers in the AR market (3.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (203%), MMMD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), MMMD's dividend payments are well covered by cash flows.