3M Dividends and Buybacks
Dividend criteria checks 3/6
3M is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 7.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.800 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMM's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| 3M Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMM) | 2.2% |
| Market Bottom 25% (BG) | 1.6% |
| Market Top 25% (BG) | 5.0% |
| Industry Average (Industrials) | 2.7% |
| Analyst forecast (MMM) (up to 3 years) | 2.6% |
Notable Dividend: MMM's dividend (2.24%) is higher than the bottom 25% of dividend payers in the BG market (1.6%).
High Dividend: MMM's dividend (2.24%) is low compared to the top 25% of dividend payers in the BG market (5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), MMM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.3%), MMM's dividend payments are not well covered by cash flows.