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Earnings and Dividends

  • 1/24/13 6:30 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported fourth-quarter earnings of $1.41 per share, an increase of 4.4 percent versus the fourth quarter of 2011. Operating income was $1.4 billion and operating income margins for the quarter were 19.5 percent. Fourth-quarter net income was $1.0 billion and free cash flow was $1.2 billion. Sales rose 4.2 percent year-on-year to $7.4 billion, an all-time fourth-quarter record. Organic local-currency sales grew 4.3more...
  • 12/12/12 6:30 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--On a conference call with analysts and investors, 3M (NYSE: MMM) today will affirm its 2012 earnings-per-share target of $6.27 to $6.35 and provide a roadmap for the company’s 2013 performance expectations. 3M anticipates 2013 earnings to be in the range of $6.70 to $6.95 per share with organic local-currency sales growth of 2 to 5 percent for the year. The company expects that free cash flow conversion will be in the range of 90 to 100more...
  • 11/12/12 4:46 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 59 cents per share for the fourth quarter of 2012, payable Dec. 12, 2012, to shareholders of record at the close of business on Nov. 23, 2012. 3M has paid dividends to its shareholders without interruption for more than 96 years. As of Sept. 30, 2012, 3M had 691,931,278 common shares outstanding and 97,733 shareholders of recordmore...
  • 10/23/12 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record third-quarter earnings of $1.65 per share, an increase of 8.6 percent versus the third quarter of 2011. Operating income was $1.7 billion and operating income margins for the quarter were 22.4 percent. “The 3M team delivered another strong operating performance in the third quarter,” said Inge G. Thulin, 3M chairman, president and chief executive officer. “In the face of the current slow-growthmore...
  • 9/12/12 1:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Citi 2012 Global Industrial Conference in Boston on Wed., September 19, 2012; Inge Thulin, chairman, president and chief executive officer, will speak at 8 a.m. ET. Third-quarter 2012 earnings conference call on Tues., October 23, 2012, at 8 a.m. CT. The live webcast, press release and supporting slide presentation will be available on 3M’smore...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...