3M Company ( MMM ) will begin trading ex-dividend on February 10, 2016. A cash dividend payment of $1.11 per share is scheduled to be paid on March 12, 2016. Shareholders who purchased MMM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.29% increase over the prior quarter.
The previous trading day's last sale of MMM was $153.9, representing a -9.74% decrease from the 52 week high of $170.50 and a 14.85% increase over the 52 week low of $134.
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 $7.73. Zacks Investment Research reports MMM's forecasted earnings growth in 2016 as 6.5%, compared to an industry average of 2.6%.
Interested in gaining exposure to MMM through an Exchange Traded Fund [ETF]?
The following ETF(s) have MMM as a top-10 holding:
- SPDR Select Sector Fund - Industrial ( XLI )
- iShares MSCI USA ESG Select ETF ( KLD )
- Vanguard Industrials ETF - DNQ ( VIS )
- iShares U.S. Industrials ETF ( IYJ )
- iShares Global Industrials ETF ( EXI ).
The top-performing ETF of this group is XLI with an decrease of -4.83% over the last 100 days. It also has the highest percent weighting of MMM at 5.15%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.