3M Dividends and Buybacks
Dividend criteria checks 2/6
3M is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.1%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 6.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.800 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
3M: Seems A Bit Too Expensive Considering The Slow Growth
Nov 253M: Multiple Expansion But Problems Linger
Oct 24Is 3M (NYSE:MMM) A Risky Investment?
Oct 16
3M's Transformation Uncertain: A Wait-And-See Approach
Oct 013M: A Bright Future, But Shares Hit Fair Value Amid Strong Momentum (Rating Downgrade)
Aug 30Optimistic Investors Push 3M Company (NYSE:MMM) Shares Up 26% But Growth Is Lacking
Aug 24Statutory Profit Doesn't Reflect How Good 3M's (NYSE:MMM) Earnings Are
Aug 023M's New CEO Spills The Beans
Aug 013M: Near-Term Growth Looks Limited, But A Fresh Start Is Welcome (Upgrade)
Jul 183M: A Dividend Cutter With A Strong Buy Rating
Jul 023M Company's (NYSE:MMM) Business Is Yet to Catch Up With Its Share Price
Jul 013M Company: Solventum Spinoff Creates More Upside Potential
Jun 173M: Huge Risks And No Growth, Why Bother?
Jun 033M Stock: Dividend Likely Cut In Half
May 01CashFlow Hunter On Pair Trading, 3M And Iris Energy
Mar 28An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 46% Undervalued
Mar 233M Stock: Outlook For This Dividend Stock After Post-Earnings Dip
Feb 273M: A Dividend Cut Is Needed To Boost Price Recovery
Feb 02Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
| 3M Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMM) | 2.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Industrials) | 2.4% |
| Analyst forecast (MMM) (up to 3 years) | 2.5% |
Notable Dividend: MMM's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MMM's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (4.45%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:06 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
3M Company is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Robert Cornell | Barclays |