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Earnings and Dividends

  • 3M Board Declares Quarterly Dividend
    8/14/12 4:43 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 59 cents per share for the third quarter of 2012, payable Sept. 12, 2012, to shareholders of record at the close of business on August 24, 2012. 3M has paid dividends to its shareholders without interruption for 96 years. As of June 30, 2012, 3M had 691,319,463 common shares outstanding and 98,747 shareholders of record.more...
  • 3M Announces Record Second-Quarter Earnings of $1.66 per Share; Strong Productivity Efforts Drive 22.9 Percent Operating Margins
    7/26/12 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record second-quarter earnings of $1.66 per share, an increase of 3.8 percent versus the second quarter of 2011. Operating income was $1.7 billion and operating income margins for the quarter were 22.9 percent. All of the company’s six business segments posted operating income margins greater than 20 percent. Sales were $7.5 billion, down 1.9 percent year-over-year. Organic local-currency sales grew 1.9more...
  • 3M to Webcast Upcoming Investor Events
    7/2/12 4:19 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced that it will participate in the following investor events: Second-quarter 2012 earnings conference call on Thurs., July 26, 2012, at 8:00 a.m. CDT. The live webcast, press release and supporting slide presentation will be available on 3M’s Investor Relations website at http://investor.3M.com. The earnings call may also be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-more...
  • 3M to Participate in Upcoming Investor Conferences
    5/11/12 9:27 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced dates for the following investor conferences: Electrical Products Group (EPG) Conference in Longboat Key, Fla., on Mon., May 21, 2012; David W. Meline, senior vice president and chief financial officer, will speak at 2:00 p.m. EDT. Bernstein Strategic Decisions Conference in New York on Fri., June 1, 2012; Inge G. Thulin, chairman, president and chief executivemore...
  • 3M Board Elects Inge G. Thulin Chairman; Declares Quarterly Dividend
    5/8/12 3:58 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of 3M (NYSE:MMM) today elected Inge G. Thulin chairman of the board, effective immediately. Thulin currently serves as president and CEO. He succeeds George W. Buckley who will retire from 3M on June 1, as previously announced. The board also declared a dividend on the company’s common stock of 59 cents per share for the second quarter of 2012, payable June 12, 2012, to shareholders of record at the close ofmore...
  • 3M Announces First-Quarter Sales of $7.5 Billion and Earnings of $1.59 per Share
    4/24/12 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record first-quarter sales of $7.5 billion, up 2.4 percent year-on-year. Earnings were $1.59 per share, an increase of 6.7 percent versus the first quarter of 2011, and operating margins for the quarter were 21.8 percent. First-quarter organic local-currency sales grew 1.8 percent, acquisitions added 1.5 percent to sales and foreign exchange impacts reduced sales by 0.9 percent. On a segmentmore...
  • 3M Posts Fourth-Quarter Sales of $7.1 Billion and Earnings of $1.35 per Share; Full-Year Sales Rise 11 Percent to $29.6 Billion
    1/26/12 6:30 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record fourth-quarter sales of $7.1 billion, up 5.7 percent year-on-year. Earnings were $1.35 per share, an increase of 5.5 percent versus the fourth quarter of 2010. The company generated $1.2 billion in free cash flow during the quarter, equal to 128 percent of net income. Fourth-quarter organic local-currency sales growth was 3.3 percent, of which 1.3 percent came from organicmore...
  • 3M Announces Dates for Upcoming Investor Events
    1/12/12 4:41 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced that it will webcast its fourth-quarter 2011 earnings conference call on Thursday, January 26, 2012, at 8:00 a.m. CT. The live webcast, press release and supporting slide presentation will be available on 3M’s Investor Relations website at http://investor.3M.com. The live call may also be accessed by calling (800) 762-2596 within the U.S. or +1 (212) 231-2916 from outside the U.Smore...
  • 3M Board Declares Quarterly Dividend
    11/14/11 5:31 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 55 cents per share for the fourth quarter of 2011, payable December 12, 2011, to shareholders of record at the close of business on November 25, 2011. 3M has paid dividends to its shareholders without interruption for more than 95 years. As of September 30, 2011, 3M had 700,844,681 common shares outstanding andmore...
  • 3M Q3 Sales Rise 10 Percent to $7.5 Billion; Earnings Were $1.52 per Share, Down 1 Percent Year-on-Year; Company Adjusts Full-Year 2011 Sales and Earnings Expectations
    10/25/11 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter sales of $7.5 billion, up 9.6 percent year-on-year. Operating margins were 21.0 percent. Earnings were $1.52 per share, a 1 percent decline versus the third quarter of 2010. The company generated $1.0 billion in free cash flow during the quarter, equal to 94 percent of net income. Third-quarter worldwide sales growth was 9.6 percent, of which 3.7 percent came frommore...