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Earnings and Dividends

  • 7/22/10 6:30 am CDT

    Company Again Raises 2010 Sales and Earnings Expectations

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record second-quarter earnings of $1.54 per share on sales of $6.7 billion. Sales and per-share earnings increased 17.7 percent and 37.5 percent, respectively, versus the second quarter of 2009. Excluding special items (b-c) recorded in the second quarter of 2009, earnings per share rose 28.3 percent. Sales improved in all businesses and geographic regions, with particular strength in Electro andmore...
  • 6/28/10 3:15 pm CDT

    -- Company Also Comments on Second Quarter Sales Trends --

    ST. PAUL, Minn.--(BUSINESS WIRE)--At an institutional investor and analyst meeting tomorrow at the company’s Cynthiana, Kentucky manufacturing facility, 3M chairman, president and CEO George Buckley will reiterate the company’s commitment to investing in its core businesses to accelerate sales growth. He will cite a number of factors contributing to faster growth including new products and continued strong demand in emerging economies. Buckley will also report thatmore...
  • 5/11/10 4:48 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 52.5 cents per share for the second quarter of 2010, payable June 12, 2010, to shareholders of record at the close of business on May 21, 2010. This cash dividend is the 375th consecutive quarterly dividend paid by 3M. As of March 31, 2010, 3M had 713,068,068 common shares outstanding and 110,063 shareholders of record.more...
  • 5/5/10 9:43 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will participate in the following investor conferences: The Electrical Products Group 2010 Annual Conference on Tuesday, May 18, 2010, in Long Boat Key, Fla.- Patrick D. Campbell, senior vice president and chief financial officer and Joe E. Harlan, executive vice president, Consumer and Office Business, will speak at 7:30 a.m. ET. Sanford C. Bernstein’s 26th Annualmore...
  • 4/27/10 6:30 am CDT

    -- Company Raises 2010 Sales and Earnings Expectations --

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported first-quarter earnings of $1.29 per share on sales of $6.3 billion. Operating income margins were 22.8 percent, up 7 percentage points year-on-year. Sales and per-share earnings increased 24.7 percent and 74.3 percent, respectively, versus the first quarter of 2009. Each of the company’s six business segments posted double-digit sales growth and 20 percent-plus operating income margins. Sales growth wasmore...
  • 3/26/10 2:17 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Company (NYSE: MMM) said today that it expects to record a one-time non-cash charge of $85 to $90 million after tax, or approximately 12 cents per share, in the first quarter of 2010, resulting from the recently enacted Patient Protection and Affordable Care Act, including modifications made in the Health Care and Education Reconciliation Act of 2010 passed by Congress on March 25, 2010. The charge is due to a reduction in the value of themore...
  • 3/24/10 11:17 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its first-quarter 2010 earnings conference call on Tuesday, April 27, 2010, at 8 a.m. Central time. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3MA recognized leader in research and development, 3M produces thousands of innovative products for dozens of diversemore...
  • 2/9/10 4:23 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 52.5 cents per share for the first quarter of 2010, a 3 percent increase over the quarterly dividend paid in 2009. The dividend is payable on March 12, 2010, to shareholders of record at the close of business on February 19, 2010. This marks the company’s 374th consecutive quarterly dividend. “We are pleased to raise our dividend againmore...
  • 1/28/10 6:30 am CST

    - Company Raises 2010 Earnings Expectations -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported fourth-quarter earnings of $1.30 per share on sales of $6.1 billion, with operating income margins of 21.9 percent (a). Sales and per-share earnings increased 11.1 percent and 69 percent year-on-year, respectively. Excluding special items (b-g) in the fourth quarter of 2008, fourth-quarter 2009 per-share earnings rose 34 percent. Profits grew at double-digit rates in each of the company’s six business segments andmore...
  • 12/22/09 5:16 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its fourth-quarter 2009 earnings conference call on Thursday, Jan. 28, 2010, at 8 a.m. Central time. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3M A recognized leader in research and development, 3M produces thousands of innovative products formore...