3M Company (MMM) Ex-Dividend Date Scheduled for May 23, 2019

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3M Company ( MMM ) will begin trading ex-dividend on May 23, 2019. A cash dividend payment of $1.44 per share is scheduled to be paid on June 12, 2019. Shareholders who purchased MMM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over prior dividend payment. At the current stock price of $167.3, the dividend yield is 3.44%.

The previous trading day's last sale of MMM was $167.3, representing a -23.87% decrease from the 52 week high of $219.75 and a 1.02% increase over the 52 week low of $165.61.

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 $9.43. Zacks Investment Research reports MMM's forecasted earnings growth in 2019 as -10.27%, compared to an industry average of -1.6%.

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:

  • SPDR Dow Jones Industrial Average ETF ( DIA )
  • SPDR Select Sector Fund - Industrial ( XLI )
  • Vanguard Industrials ETF ( VIS )
  • Strategy Shs EcoLogical Strategy ETF ( HECO )
  • iShares Trust ( IYJ ).

The top-performing ETF of this group is IYJ with an increase of 22.1% over the last 100 days. DIA has the highest percent weighting of MMM at 4.39%.

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

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