3M Dividend history 25 years & forecast 2024 to 2026
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Dividend analysis of the 3M share
|
Criterion / value
Criterion
Value
|
Points | |
|---|---|---|
|
Current dividend yield
4.94%
|
2/3 | |
|
Dividend yield 10 years
3.12%
|
3/3 | |
|
Payout 3 years
194.90%
|
0/3 | |
|
Continuity 10 years
10 Years
|
3/3 | |
|
Growth 5 years
1.98%
|
1/3 | |
| No top scorer |
Total: 9/15
|
|
When does 3M pay a dividend?
The 3M share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the 3M share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were February, May, August and November . Dividends from 3M are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.7
$0.7
|
May 23 2024
May 23 2024
Jun 12 2024
May 23 24
Jun 12 24 |
Jun 12 2024 |
quarterly
quarterly
|
| 2024 |
$1.2625
$1.26
|
Feb 15 2024
Feb 15 2024
Mar 12 2024
Feb 15 24
Mar 12 24 |
Mar 12 2024 |
quarterly
quarterly
|
| 2023 |
$1.2541
$1.25
|
Nov 16 2023
Nov 16 2023
Dec 12 2023
Nov 16 23
Dec 12 23 |
Dec 12 2023 |
quarterly
quarterly
|
| 2023 |
$1.2541
$1.25
|
Aug 18 2023
Aug 18 2023
Sep 12 2023
Aug 18 23
Sep 12 23 |
Sep 12 2023 |
quarterly
quarterly
|
| 2023 |
$1.2541
$1.25
|
May 18 2023
May 18 2023
Jun 12 2023
May 18 23
Jun 12 23 |
Jun 12 2023 |
quarterly
quarterly
|
| 2023 |
$1.2541
$1.25
|
Feb 16 2023
Feb 16 2023
Mar 12 2023
Feb 16 23
Mar 12 23 |
Mar 12 2023 |
quarterly
quarterly
|
| 2022 |
$1.2458
$1.25
|
Nov 17 2022
Nov 17 2022
Dec 12 2022
Nov 17 22
Dec 12 22 |
Dec 12 2022 |
quarterly
quarterly
|
| 2022 |
$1.2458
$1.25
|
Aug 19 2022
Aug 19 2022
Sep 12 2022
Aug 19 22
Sep 12 22 |
Sep 12 2022 |
quarterly
quarterly
|
| 2022 |
$1.2458
$1.25
|
May 19 2022
May 19 2022
Jun 12 2022
May 19 22
Jun 12 22 |
Jun 12 2022 |
quarterly
quarterly
|
| 2022 |
$1.2458
$1.25
|
Feb 17 2022
Feb 17 2022
Mar 12 2022
Feb 17 22
Mar 12 22 |
Mar 12 2022 |
quarterly
quarterly
|
How much dividend does 3M pay?
3M most recently paid a dividend of $0.70. 3M paid a dividend of $5.02 per share in the financial year 2023. With a share price of $101.62 at Jul 02 2024, the current dividend yield is 4.94% (calculation: $5.02 / $101.62 = 4.94%). No special dividend was paid.
What is the 3M dividend yield and payout ratio?
The average 3M dividend yield over the last 5 years is 3.83% and the average over the last 10 years is 3.12%.
The payout ratio of 3M in relation to the last financial year is -39.72%. The payout ratio smoothed over 3 years is 194.90%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | 3M |
|---|---|
| Current dividend yield | 4.94% |
| Dividend yield 5 yrs. | 3.83% |
| Dividend yield 10 yrs. | 3.12% |
| Payout 1 yr. | -39.72% |
| Payout 3 yrs. | 194.90% |
Is the 3M dividend safe? Continuity & dividend growth
Is the 3M dividend safe?
3M has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased25-times.
The dividend growth in relation to the previous financial year amounts to 0.67%. The average 3M dividend growth over the last 5 years is 1.98%. The average for the last 10 years is 8.98%.
| Metric | 3M |
|---|---|
| Increased | 25 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1 yr. | 0.67% |
| Growth 5 yrs. | 1.98% |
| Growth 10 yrs. | 8.98% |
Continuity
3M has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased25-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 0.67%. The average 3M dividend growth over the last 5 years is 1.98%. The average for the last 10 years is 8.98%.
3M Share forecast 2024 and share analysis
On the stock exchange, the 3M share (ISIN: US88579Y1010) is not traded as a top scorer in July 2024 according to the dividend strategy.
The share price of 3M 11.18% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the 3M share price in real time at the top of the page.
The 3M share (symbol: MMM) is valued at a price/earnings ratio (P/E ratio) of -7.99 and a price/sales ratio (P/S ratio) of 1.72 valued. Based on analyst estimates, the 3M share forecast 2024 of the current financial year corresponds to a valuation of 15.25 according to P/E ratio and 2.36 according to P/S ratioe.
| Metric | 3M |
|---|---|
| Dividend score | 9/15 |
| Performance 2024 |
11.18%
|
| P/E ratio TTM | -7.99 |
| P/S ratio TTM | 1.72 |
| P/E ratio expected | 15.25 |
| P/S ratio expected | 2.36 |
The 3M share (symbol: MMM) is valued at a price/earnings ratio (P/E ratio) of -7.99 and a price/sales ratio (P/S ratio) of 1.72 valued. Based on analyst estimates, the 3M share forecast 2024 of the current financial year corresponds to a valuation of 15.25 according to P/E ratio and 2.36 according to P/S ratioe.
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