As of today (2024-04-29), the Forward Annual Dividend Yield of 3M Co is 269.59%.
As of today (2024-04-29), the Trailing Annual Dividend Yield of 3M Co is 269.59%.
BSP:MMMC34's Forward Dividend Yield % is ranked better than 87.99% of 333
companies
in the Conglomerates industry
Industry Median: 2.95
vs BSP:MMMC34: 269.59
During the past 12 months, 3M Co's average Dividends Per Share Growth Rate was 0.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of 3M Co was 20.50% per year. The lowest was 0.70% per year. And the median was 6.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of 3M Co's Forward Dividend Yield %
For the Conglomerates subindustry, 3M Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
3M Co's Forward Dividend Yield % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, 3M Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where 3M Co's Forward Dividend Yield % falls into.
3M Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
3M Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
BRL 313.130
2024-04-01
2024-03-28
2024-04-16
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 1.316
2024-02-15
2024-02-14
2024-03-18
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 1.301
2023-11-16
2023-11-14
2023-12-18
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 1.834
2023-08-18
2023-08-17
2023-09-18
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 1.820
2023-05-18
2023-05-17
2023-06-16
Cash Dividend
quarterly
BRL:BRL 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
3M Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1252.52
/
117.80
=
1,063.26 %
Current Share Price is R$117.80. 3M Co's Dividends per Share for the forward twelve months is calculated as R$313.13 * 4 = R$1252.52.
3M Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
319.401
/
117.80
=
271.14 %
Current Share Price is R$117.80. 3M Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$319.401.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
3M Co (BSP:MMMC34) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of 3M Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.
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