3M Company (MMM) Ex-Dividend Date Scheduled for February 13, 2013

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3M Company ( MMM ) will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.635 per share is scheduled to be paid on March 12, 2013. Shareholders who purchased MMM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.63% increase over the prior quarter.

The previous trading day's last sale of MMM was $102.66, representing a -0.65% decrease from the 52 week high of $103.33 and a 25.22% increase over the 52 week low of $81.99.

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 $6.31. Zacks Investment Research reports MMM's forecasted earnings growth in 2013 as 8.33%, compared to an industry average of 2.6%.

For more information on the declaration, record and payment dates, visit the MMM Dividend History page.

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 )
  • Vanguard Dividend Appreciation ETF ( VIG )
  • iShares Dow Jones U.S. Industrials Index Fund ( IYJ ).

The top-performing ETF of this group is IYJ with an increase of 9.4% over the last 100 days. DIA has the highest percent weighting of MMM at 5.43%.



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



This article appears in: News Headlines , Stocks


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