3M Company (
) 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. (
) and Covidien plc. (
). 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
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 (
- Vanguard Dividend Appreciation ETF (
- iShares Dow Jones U.S. Industrials Index Fund (
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%.