3M Company (MMM) Ex-Dividend Date Scheduled for August 20, 2014


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3M Company ( MMM ) will begin trading ex-dividend on August 20, 2014. A cash dividend payment of $0.855 per share is scheduled to be paid on September 12, 2014. Shareholders who purchased MMM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MMM has paid the same dividend. At the current stock price of $144.12, the dividend yield is 2.37%.

The previous trading day's last sale of MMM was $144.12, representing a -1.58% decrease from the 52 week high of $146.43 and a 28.27% increase over the 52 week low of $112.36.

MMM is a part of the Health Care sector, which includes companies such as Baxter International Inc. ( BAX ) and Covidien plc. ( COV ). MMM's current earnings per share, an indicator of a company's profitability, is $7.1. Zacks Investment Research reports MMM's forecasted earnings growth in 2014 as 11.35%, compared to an industry average of 8%.

For more information on the declaration, record and payment dates, visit the MMM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to MMM through an Exchange Traded Fund [ETF]?
The following ETF(s) have MMM as a top-10 holding:

  • DIAMONDS Trust Series I ( DIA )
  • Select Sector SPDR Fund - Industrial ( XLI )
  • Vanguard Industrials ETF ( VIS )
  • iShares Dow Jones U.S. Industrials Index Fund ( IYJ )
  • iShares MSCI USA ESG Select ETF ( KLD ).

The top-performing ETF of this group is KLD with an increase of 6.54% over the last 100 days. DIA has the highest percent weighting of MMM at 5.46%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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