3M Dividends and Buybacks
Dividend criteria checks 1/6
3M is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Next payment date is on 18th December, 2024 with an ex-dividend date of 13th November, 2024.
Key information
2.2%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 6.3% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | R$16.229 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMMC34's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMMC34's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| 3M Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMMC34) | 2.2% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Industrials) | 3.9% |
| Analyst forecast (MMMC34) (up to 3 years) | 2.5% |
Notable Dividend: MMMC34's dividend (2.15%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.93%).
High Dividend: MMMC34's dividend (2.15%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), MMMC34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.3%), MMMC34's dividend payments are not well covered by cash flows.