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Earnings and Dividends

  • 2/10/03 5:14 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced it will increase its quarterly dividend on 3M common stock by 4 cents per share, or 6.5 percent, to 66 cents per share. At this time last year, the company increased the quarterly dividend by 2 cents per share, or 3.3 percent. The dividend is payable March 12 to shareholders of record on Feb. 21. "3M has a long history of offering shareholders an attractive return on their investment," said W. Jamesmore...
  • 1/21/03 2:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced its sales and profit results for the fourth quarter and calendar year 2002. The company reported fourth quarter net income of $511 million, or $1.29 per share, versus $381 million, or $0.96 per share, in the fourth quarter of 2001. Excluding non-recurring items (a) in the fourth quarter of 2001, net income increased 31.8 percent from $387 million in the year-earlier quarter. Required changes in goodwillmore...