Credit: Shutterstock photo3M 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%.
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 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.