3M Company (
) will begin trading ex-dividend on May 22, 2013. A cash dividend
payment of $0.635 per share is scheduled to be paid on June 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 same period a year ago. At the current
stock price of $111.72, the dividend yield is 2.27%.
The previous trading day's last sale of MMM was $111.72,
representing a -0.3% decrease from the 52 week high of $112.06 and
a 36.27% 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 $6.33. Zacks Investment Research reports MMM's
forecasted earnings growth in 2013 as 6.06%, compared to an
industry average of 8.1%.
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 (
- Vanguard Dividend Appreciation ETF (
The top-performing ETF of this group is VIS with an increase of
18.69% over the last 100 days. DIA has the highest percent
weighting of MMM at 5.54%.