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Earnings and Dividends

  • 12/8/16 10:18 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: 3M 2017 Outlook Meeting in New York, N.Y., on Tuesday, Dec. 13, 2016. The meeting will begin at 8 a.m. EST and is scheduled to adjourn at noon EST. Fourth-quarter 2016 earnings conference call on Tuesday, Jan. 24, 2017, at 8 a.m. CST. These events will be webcast live, and replays of each will be available on 3M’s Investormore...
  • 11/8/16 4:08 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.11 per share for the fourth quarter of 2016, payable Dec. 12, 2016, to shareholders of record at the close of business on Nov. 18, 2016. 3M has paid dividends to its shareholders without interruption for 100 years. As of Sept. 30, 2016, 3M had 601,466,401 common shares outstanding and 82,468 shareholders of record. About 3Mmore...
  • 10/25/16 6:30 am CDT

    Third-Quarter Highlights:

    • Operating income margins of 24.7 percent, up 0.4 percentage points year-on-year
    • Sales flat year-on-year; organic local-currency sales decreased 0.8 percent
    • Operating cash flow of $1.9 billion contributed to 19 percent increase in free cash flow
    • Returned $1.4 billion to shareholders via dividends and gross share repurchases; marked 100 th consecutive year of paying dividends
    • Solid Business Transformation execution, including West Europe ERP deployments

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $2.15 per share, an increase of 4.9 percent versus the third quarter of 2015. Sales were $7.7 billion, flat year-on-year in dollar terms. Organic local-currency sales decreased 0.8 percent while acquisitions, net of divestitures, added 0.3 percent to sales. Foreign currency translation increased sales by 0.5 percent year-on-year. Operating income was $1.9 billion and operatingmore...
  • 10/4/16 3:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Third-quarter 2016 earnings conference call on Tuesday, Oct. 25, 2016, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Goldman Sachs Industrials Conference 2016 in Boston, Mass., on Wednesday, Nov. 2, 2016. Nick Gangestad, senior vice president and CFO, will speak at 9:20more...
  • 8/30/16 11:25 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Morgan Stanley 4 th Annual Laguna Conference in Laguna Beach, Calif., on Wednesday, Sept. 14, 2016. Nick Gangestad, senior vice president and chief financial officer, will speak at 10 a.m. PDT. Third-quarter 2016 earnings conference call on Tuesday, Oct. 25, 2016, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596more...
  • 8/9/16 5:26 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.11 per share for the third quarter of 2016, which is payable Sept. 12, 2016, to shareholders of record at the close of business on Aug. 19, 2016. 3M has paid dividends to its shareholders without interruption since 1916. “A hallmark of our company’s long history of success is the ability to consistently invest to grow our businesses and tomore...
  • 7/26/16 6:30 am CDT

    Second-Quarter Highlights:

    • Operating income margins of 24.4 percent, up 0.5 percentage points year-on-year
    • Sales declined 0.3 percent; organic local-currency sales declined 0.2 percent
    • Continued progress on Business Transformation, including West Europe ERP deployments
    • Returned $1.5 billion to shareholders via dividends and gross share repurchases
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported second-quarter earnings of $2.08 per share, an increase of 3.0 percent versus the second quarter of 2015. Sales declined 0.3 percent year-on-year to $7.7 billion. Organic local-currency sales declined 0.2 percent while acquisitions, net of divestitures, added 1.4 percent to sales. Foreign currency translation reduced sales by 1.5 percent year-on-year. Operating income was $1.9 billion and operating incomemore...
  • 7/14/16 2:52 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Second-quarter 2016 earnings conference call on Tuesday, July 26, 2016, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Jefferies Industrials Conference in New York, N.Y., on Wednesday, Aug. 10, 2016. Nick Gangestad, senior vice president and chief financial officer, willmore...
  • 5/25/16 11:55 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Bernstein’s 32nd Annual Strategic Decision Conference in New York, N.Y., on Thursday, June 2, 2016. Inge G. Thulin, chairman, president and chief executive officer, will speak at 10 a.m. EDT. Deutsche Bank Global Industrials and Basic Materials Summit in Chicago, Ill., on Thursday, June 9, 2016. Michael Roman, executive vice presidentmore...
  • 5/10/16 3:47 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.11 per share for the second quarter of 2016, payable June 12, 2016, to shareholders of record at the close of business on May 20, 2016. 3M has paid dividends to its shareholders without interruption for more than 99 years. As of March 31, 2016, 3M had 606,514,530 common shares outstanding and 83,896 shareholders of record.more...