3M Company (MMM) Ex-Dividend Date Scheduled for August 23, 2018

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3M Company ( MMM ) will begin trading ex-dividend on August 23, 2018. A cash dividend payment of $1.36 per share is scheduled to be paid on September 12, 2018. Shareholders who purchased MMM 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 $205.69, the dividend yield is 2.64%.

The previous trading day's last sale of MMM was $205.69, representing a -20.82% decrease from the 52 week high of $259.77 and a 7.93% increase over the 52 week low of $190.57.

MMM is a part of the Health Care sector, which includes companies such as Becton, Dickinson and Company ( BDX ) and Stryker Corporation ( SYK ). MMM's current earnings per share, an indicator of a company's profitability, is $7.23. Zacks Investment Research reports MMM's forecasted earnings growth in 2018 as 13.13%, compared to an industry average of 12.6%.

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:

  • iShares MSCI USA ESG Select ETF ( SUSA )
  • iShares Trust ( IYJ )
  • iShares Global Industrials ETF ( EXI )
  • Invesco Dow Jones Industrial Average Dividend ETF ( DJD )
  • iShares Trust ( QUAL ).

The top-performing ETF of this group is DJD with an increase of 7.94% over the last 100 days. SUSA has the highest percent weighting of MMM at 3.62%.

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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