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3M Co (XBUL:MMM) Forward Dividend Yield % : 0.00% (As of Dec. 13, 2024)


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What is 3M Co Forward Dividend Yield %?

As of today (2024-12-13), the Forward Annual Dividend Yield of 3M Co is 0.00%.

As of today (2024-12-13), the Trailing Annual Dividend Yield of 3M Co is 0.00%.

XBUL:MMM's Forward Dividend Yield % is not ranked *
in the Conglomerates industry.
Industry Median: 3.13
* Ranked among companies with meaningful Forward Dividend Yield % only.

3M Co's Dividends per Share for the three months ended in Sep. 2024 was лв1.31.

During the past 12 months, 3M Co's average Dividends Per Share Growth Rate was -26.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of 3M Co was 20.50% per year. The lowest was 0.70% per year. And the median was 6.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of 3M Co's Forward Dividend Yield %

For the Conglomerates subindustry, 3M Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


3M Co's Forward Dividend Yield % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, 3M Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where 3M Co's Forward Dividend Yield % falls into.



3M Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

3M Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7000002024-11-152024-11-152024-12-12Cash DividendquarterlyUSD:BGN 1.877885
USD 0.7000002024-08-262024-08-262024-09-12Cash DividendquarterlyUSD:BGN 1.877885
USD 0.7000002024-05-232024-05-242024-06-12Cash DividendquarterlyUSD:BGN 1.877885
USD 1.5100002024-02-152024-02-162024-03-12Cash DividendquarterlyUSD:BGN 1.877885

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

3M Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.77916485/115.70
=5.86 %

Current Share Price is лв115.70.
3M Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is лв6.77916485.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


3M Co  (XBUL:MMM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


3M Co Forward Dividend Yield % Related Terms

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3M Co Business Description

Industry
Address
3M Center, St. Paul, MN, USA, 55144
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.