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Earnings and Dividends

  • 2/2/16 3:15 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 first quarter of 2016, an 8 percent increase over the quarterly dividend paid in 2015. The dividend is payable March 12, 2016, to shareholders of record at the close of business on Feb. 12, 2016. 3M has paid dividends to its shareholders without interruption for more than 99 years. The board also authorized themore...
  • 1/26/16 6:30 am CST

    Fourth-Quarter Highlights:

    • Sales of $7.3 billion; GAAP EPS of $1.66, includes restructuring charge of $0.14
    • GAAP operating income margins of 20.5 percent; 22.1 percent excluding restructuring
    • Free cash flow conversion of 182 percent
    • Returned $1.8 billion to shareholders via dividends and gross share repurchases

    Full-Year Highlights:

    • Sales of $30.3 billion; GAAP EPS of $7.58, includes restructuring charge of $0.14
    • GAAP operating income margins of 22.9 percent; 23.3 percent excluding restructuring
    • Free cash flow conversion of 103 percent; return on invested capital of 22.5 percent
    • Returned $7.8 billion to shareholders via dividends and gross share repurchases
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported its fourth-quarter and full-year 2015 results. “The fourth quarter capped off a year of disciplined execution from our global team with solid margin and cash flow performance,” said Inge G. Thulin, 3M’s chairman, president and chief executive officer. “Throughout 2015 we controlled the controllable, while investing in the business and also returning significant cash to shareholders. “2015more...
  • 1/6/16 10:24 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced the following investor events: Fourth-quarter 2015 earnings conference call on Tuesday, Jan. 26, 2016, at 8 a.m. CST. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Barclays Industrial Select Conference in Miami Beach, Fla., on Thursday, Feb. 18, 2016. Nick Gangestad, senior vice president and chief financial officermore...
  • 12/15/15 6:30 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M will announce today that it is poised for a successful 2016, forecasting strong earnings growth in the face of a challenging global economy. Inge G. Thulin, 3M Chairman, President and CEO, will tell analysts and investors on 3M’s 2016 outlook conference call that the company continues to make investments to build strength-on-strength and position itself for long-term success. These actions include strengthening andmore...
  • 11/13/15 3:39 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Credit Suisse 3rd Annual Industrials Conference in Manalapan, Fla., on Tuesday, Dec. 1, 2015. Nick Gangestad, senior vice president and chief financial officer, will speak at 3 p.m. EST. 3M 2016 Outlook Meeting on Tuesday, Dec. 15, 2015. Inge G. Thulin, chairman, president and chief executive officer, and Nick Gangestad, senior vice presidentmore...
  • 11/10/15 3:38 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of $1.025 per share for the fourth quarter of 2015, payable Dec. 12, 2015, to shareholders of record at the close of business on Nov. 20, 2015. 3M has paid dividends to its shareholders without interruption for 99 years. As of Sept. 30, 2015, 3M had 615,712,937 common shares outstanding and 85,293 shareholders of record. Aboutmore...
  • 10/22/15 6:30 am CDT

    Third-Quarter Highlights:

    • Operating income margins of 24.3 percent, up 0.9 percentage points year-on-year
    • Organic local-currency sales growth of 1.2 percent, positive across all geographic areas
    • Returned $2.2 billion to shareholders via dividends and gross share repurchases
    • Closed acquisitions of Capital Safety and Polypore’s Separations Media business
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $2.05 per share, an increase of 3.5 percent versus the third quarter of 2014. Sales declined 5.2 percent year-on-year to $7.7 billion. Organic local-currency sales grew 1.2 percent and acquisitions, net of divestitures, added another 1.0 percent. Foreign currency translation reduced sales by 7.4 percent year-on-year. Operating income was $1.9 billion and operating income marginsmore...
  • 10/15/15 9:26 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced the following investor events: Third-quarter 2015 earnings conference call on Thursday, Oct. 22, 2015, at 8 a.m. CDT. The live webcast, press release and supporting slide presentation will be available on 3M’s Investor Relations website at http://investors.3M.com. The earnings call may also be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.Smore...
  • 8/21/15 3:03 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Morgan Stanley 3rd Annual Laguna Conference in Laguna Beach, Calif., on Wednesday, Sept. 16, 2015. Nick Gangestad, senior vice president and chief financial officer, will speak at 2:30 p.m. PDT. Third-quarter 2015 earnings conference call on Thursday, Oct. 22, 2015, at 8 a.m. CDT. The live webcast, press release and supporting slidemore...
  • 8/10/15 4:44 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of $1.025 per share for the third quarter of 2015, payable Sept. 12, 2015, to shareholders of record at the close of business on Aug. 21, 2015. 3M has paid dividends to its shareholders without interruption for 99 years. As of June 30, 2015, 3M had 624,745,409 common shares outstanding and 86,134 shareholders of record. Aboutmore...