3M Company (MMM) Ex-Dividend Date Scheduled for May 17, 2018

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3M Company ( MMM ) will begin trading ex-dividend on May 17, 2018. A cash dividend payment of $1.36 per share is scheduled to be paid on June 12, 2018. Shareholders who purchased MMM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15.74% increase over prior dividend payment. At the current stock price of $202.41, the dividend yield is 2.69%.

The previous trading day's last sale of MMM was $202.41, representing a -22.08% decrease from the 52 week high of $259.77 and a 5.73% increase over the 52 week low of $191.44.

MMM is a part of the Health Care sector, which includes companies such as Stryker Corporation ( SYK ) and Becton, Dickinson and Company ( BDX ). MMM's current earnings per share, an indicator of a company's profitability, is $6.74. Zacks Investment Research reports MMM's forecasted earnings growth in 2018 as 13.65%, compared to an industry average of 12.2%.

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:

  • Vanguard Industrials ETF ( VIS )
  • iShares MSCI USA ESG Select ETF ( SUSA )
  • Fidelity MSCI Industrials Index ETF ( FIDU )
  • iShares Trust ( IYJ )
  • Schwab US Dividend Equity ETF ( SCHD ).

The top-performing ETF of this group is SUSA with an increase of 1.1% over the last 100 days. VIS has the highest percent weighting of MMM at 4.38%.

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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