3M Company, also known as MMM on the New York Stock Exchange, is a global science company that seems to be constantly evolving and innovating. With a history spanning over a century, 3M has established itself as a leading diversified technology company, operating in a wide range of sectors including industrial, healthcare, and consumer goods.
The company is renowned for its innovation in adhesives, abrasives, laminates, and much more, with a strong emphasis on sustainability and societal impact.
MMM Stock Overview
As of the most recent data, the MMM stock has been showing steady performance in the market, largely driven by the company’s consistent financial performance and strategic investments. The stock has been a favorite for many long-term investors due to its historically stable dividends and steady growth.
MMM Stock Price
Over the last several years, the MMM stock price has experienced fluctuations in response to various market dynamics, economic trends, and company-specific factors.
As of the most recent data, the stock price has demonstrated resilience, often reflecting the company’s ability to adapt to changing market conditions and its commitment to delivering value to its shareholders.
3M Company is a component of the Dow Jones Industrial Average (DJIA).
MMM Stock Dividend
3M Company has a solid track record of providing dividends to its shareholders. The company has historically maintained a reliable dividend payout, reflecting its commitment to providing returns to investors.
The dividend yield of the MMM stock has often been an attractive feature for income-seeking investors, adding to the stock’s appeal as a stable investment option.
MMM Dividend History
- EX-DIVIDEND DATE 08/18/2023
- DIVIDEND YIELD 6.74%
- ANNUAL DIVIDEND $6.00
- P/E RATIO N/A
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
| 08/18/2023 | CASH | $1.50 | 08/11/2023 | 08/21/2023 | 09/12/2023 |
| 05/18/2023 | CASH | $1.50 | 05/09/2023 | 05/19/2023 | 06/12/2023 |
| 02/16/2023 | CASH | $1.50 | 02/07/2023 | 02/17/2023 | 03/12/2023 |
| 11/17/2022 | CASH | $1.49 | 11/08/2022 | 11/18/2022 | 12/12/2022 |
| 08/19/2022 | CASH | $1.49 | 08/12/2022 | 08/22/2022 | 09/12/2022 |
| 05/19/2022 | CASH | $1.49 | 05/10/2022 | 05/20/2022 | 06/12/2022 |
| 02/17/2022 | CASH | $1.49 | 02/08/2022 | 02/18/2022 | 03/12/2022 |
| 11/18/2021 | CASH | $1.48 | 11/09/2021 | 11/19/2021 | 12/12/2021 |
| 08/20/2021 | CASH | $1.48 | 08/13/2021 | 08/23/2021 | 09/12/2021 |
| 05/20/2021 | CASH | $1.48 | 05/11/2021 | 05/21/2021 | 06/12/2021 |
| 02/11/2021 | CASH | $1.48 | 02/02/2021 | 02/12/2021 | 03/12/2021 |
3M Co
3M Company, a multinational conglomerate based in the United States, has a rich legacy of innovation and technological prowess. With a diverse portfolio that spans various industries, including healthcare, transportation, electronics, and energy, 3M has made significant contributions to shaping the modern world.
The company is known for its iconic brands, such as Post-it, Scotch, and Nexcare, which have become household names globally.
MMM Stock Forecast
While it’s essential to consider that stock forecasts are subject to market volatility and changing economic conditions, many analysts remain optimistic about the future of the MMM stock.
With 3M’s continuous focus on research and development, expansion into emerging markets, and strategic partnerships, the company seems well-positioned to capitalize on future opportunities and navigate potential challenges in the global market.
16 analysts have provided their projections for 3M Co’s stock prices over the next 12 months. The median target stands at 110.50, with the highest estimate being 157.00 and the lowest at 93.00. Comparatively, this median estimate suggests a 24.13% surge from the current price of 89.02.
Conclusion
3M Company continues to be a beacon of innovation, consistently delivering value to its shareholders and customers alike. Despite the ever-evolving global market dynamics, the company has demonstrated resilience and adaptability, positioning itself for continued success in the years to come.
While investors should conduct thorough research and consult financial advisors before making any investment decisions, 3M Company’s strong legacy and commitment to innovation make it a compelling long-term investment option for many.
