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Earnings and Dividends

  • 12/12/17 5:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--At today’s annual outlook meeting in New York City, 3M Chairman of the Board, President and CEO Inge Thulin will announce that the company is expecting another strong performance in 2018. Thulin will outline how the 3M Playbook is creating significant value, while emphasizing ongoing investments to support growth, strengthen the portfolio and increase productivity. “The 3M team is delivering a robust performance in 2017, and ismore...
  • 11/14/17 3:32 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 $1.175 per share for the fourth quarter of 2017, payable Dec. 12, 2017, to shareholders of record at the close of business on Nov. 24, 2017. 3M has paid dividends to its shareholders without interruption for more than 100 years. As of Sept. 30, 2017, 3M had 595,608,108 common shares outstanding and 79,174 shareholders ofmore...
  • 11/13/17 12:30 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Goldman Sachs Industrials Conference 2017 in Boston, Mass., on Wednesday, Nov. 15, 2017. Nick Gangestad, senior vice president and chief financial officer, will speak at 10:15 a.m. EST. 3M 2018 Outlook Meeting in New York, N.Y., on Tuesday, Dec. 12, 2017. The meeting will begin at 8 a.m. EST and is scheduled to adjourn at noon ESTmore...
  • 10/24/17 6:30 am CDT

    Third-Quarter Highlights:

    • Sales of $8.2 billion, up 6.0 percent year-on-year
    • Organic local-currency sales growth of 6.6 percent; growth in all business groups and across all geographic areas
    • GAAP EPS of $2.33, up 8.4 percent year-on-year; operating margins of 25.0 percent
    • Returned $1.1 billion to shareholders via dividends and gross share repurchases
    • Updating 2017 full-year outlook: GAAP EPS of $9.00 to $9.10, up 10 to 12 percent year-on-year, versus prior range of $8.80 to $9.05
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $2.33 per share, an increase of 8.4 percent versus the third quarter of 2016. Sales were $8.2 billion, up 6.0 percent year-on-year in dollar terms. Organic local-currency sales increased 6.6 percent while divestitures reduced sales by 1.2 percent. Foreign currency translation increased sales by 0.6 percent year-on-year. Third quarter operating income was $2.0 billion and operatingmore...
  • 10/9/17 1:32 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Third-quarter 2017 earnings conference call on Tuesday, Oct. 24, 2017, 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. 3M 2018 Outlook Meeting in New York, N.Y. on Tuesday, Dec. 12, 2017. The meeting will begin at 8 a.m. EST and is scheduled to adjourn at noon ESTmore...
  • 9/5/17 2:15 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Morgan Stanley 5 th Annual Laguna Conference in Laguna Beach, Calif., on Thursday, Sept. 14, 2017. Nick Gangestad, senior vice president and chief financial officer, will speak at 9:55 a.m. PDT. Third-quarter 2017 earnings conference call on Tuesday, Oct. 24, 2017, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596more...
  • 8/15/17 3:32 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 $1.175 per share for the third quarter of 2017, payable Sept. 12, 2017, to shareholders of record at the close of business on Aug. 25, 2017. 3M has paid dividends to its shareholders without interruption for more than 100 years. As of June 30, 2017, 3M had 596,767,147 common shares outstanding and 79,897 shareholders of recordmore...
  • 7/25/17 6:30 am CDT

    Second-Quarter Highlights:

    • Sales of $7.8 billion, up 1.9 percent; organic local-currency growth of 3.5 percent with positive growth across all five business groups
    • GAAP EPS of $2.58, up 24.0 percent year-on-year; includes $0.33 benefit from divestiture gains net of strategic investments
    • Returned $1.2 billion to shareholders via dividends and gross share repurchases
    • Updated 2017 full-year outlook: GAAP EPS of $8.80 to $9.05 versus $8.70 to $9.05, previously
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported second-quarter earnings of $2.58 per share, an increase of 24.0 percent versus the second quarter of 2016. Sales were $7.8 billion, up 1.9 percent year-on-year in dollar terms. Organic local-currency sales increased 3.5 percent while divestitures reduced sales by 1.0 percent. Foreign currency translation decreased sales by 0.6 percent year-on-year. Operating income was $2.2 billion and operating incomemore...
  • 7/10/17 4:15 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Second-quarter 2017 earnings conference call on Tuesday, July 25, 2017, 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. 9, 2017. Nick Gangestad, senior vice president and chief financial officer, willmore...
  • 5/9/17 3:19 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 $1.175 per share for the second quarter of 2017, payable June 12, 2017, to shareholders of record at the close of business on May 19, 2017. 3M has paid dividends to its shareholders without interruption for 100 years. As of March 31, 2017, 3M had 597,239,576 common shares outstanding and 80,968 shareholders of record. About 3Mmore...