3M declares quarterly dividend of $0.73 per share

ST. PAUL, Minn. - 3M Company (NYSE:MMM), a diversified industrial giant with an $81 billion market cap, announced today that its Board of Directors has declared a quarterly dividend of $0.73 per share for the third quarter of 2025. The dividend represents an annual yield of 1.86%, with the stock showing strong momentum, up 22.5% year-to-date.

The dividend will be payable on September 12, 2025, to shareholders of record at the close of business on August 25, 2025, according to a company press release.

The industrial conglomerate noted that it has maintained an uninterrupted record of dividend payments to shareholders for more than 100 years, highlighting the company’s long-standing commitment to returning value to investors.

3M, which manufactures a wide range of products across multiple industries, trades on the New York Stock Exchange under the ticker symbol MMM.

In other recent news, 3M reported its second-quarter earnings, which exceeded expectations. The company posted adjusted earnings per share of $2.16, surpassing Wall Street’s estimate of $2.01. UBS reiterated a Buy rating with a $184 price target, highlighting a 4% operating profit beat and a 7% EPS beat, driven by strong margins and organic growth. Mizuho maintained a Neutral rating with a $155 price target, noting that the Transportation & Electronics segment contributed significantly to the earnings beat. Citi raised its price target to $160, keeping a Neutral rating, following discussions with 3M’s management about their strategic direction under new leadership. Analyst Andrew Kaplowitz from Citi cited a "renewed focus" on improving margins and a robust pipeline of opportunities. RBC Capital, however, lowered its price target to $117, maintaining an Underperform rating due to a tepid outlook. These developments reflect a mixed sentiment among analysts regarding 3M’s future performance.

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