3M Company (
) will begin trading ex-dividend on August 21, 2013. A cash
dividend payment of $0.635 per share is scheduled to be paid on
September 12, 2013. 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 $115.61, the dividend yield is 2.2%.
The previous trading day's last sale of MMM was $115.61,
representing a -3.06% decrease from the 52 week high of $119.26 and
a 33.28% increase over the 52 week low of $86.74.
MMM is a part of the Health Care sector, which includes
companies such as Baxter International Inc. (
) and Covidien plc. (
). MMM's current earnings per share, an indicator of a company's
profitability, is $6.38. Zacks Investment Research reports MMM's
forecasted earnings growth in 2013 as 6.11%, compared to an
industry average of .5%.
For more information on the declaration, record and payment
dates, visit the
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 (
- Select Sector SPDR Fund - Industrial (
- Vanguard Industrials ETF (
- iShares Dow Jones U.S. Industrials Index Fund (
- iShares Global Industrials ETF (
The top-performing ETF of this group is XLI with an increase of
7.91% over the last 100 days. DIA has the highest percent weighting
of MMM at 5.9%.