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Earnings and Dividends

  • 1/25/11 6:30 am CST

    --- Company Raises 2011 Earnings Expectations ---

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported fourth-quarter sales of $6.7 billion, up 9.6 percent year-on-year including an 8.6 percent increase in organic volumes. Net income was $928 million, or $1.28 per share, versus $935 million, or $1.30 per share in the corresponding period last year. Quarterly organic sales volumes increased in all six of 3M’s businesses, led by a 19.8 percent increase in the Electro and Communications business and a 14.7more...
  • 12/7/10 6:00 am CST

    – Company Provides Financial Outlook for 2011 –

    ST. PAUL, Minn.--(BUSINESS WIRE)--At an institutional investor and analyst meeting in New York later today, 3M chairman, president and CEO George W. Buckley will outline the company’s ongoing commitment to investing in its core businesses while continuing to focus on profitability and cash generation. “Our continuing strong performance clearly demonstrates that our growth strategy is working,” George W. Buckley said. “3M’s innovation engine has been revitalized and ismore...
  • 11/8/10 5:30 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 fourth quarter of 2010, payable December 12, 2010, to shareholders of record at the close of business on November 19, 2010. This cash dividend is the 377th consecutive quarterly dividend paid by 3M. As of September 30, 2010, 3M had 714,859,083 common shares outstanding and 107,259 shareholders of recordmore...
  • 11/2/10 11:45 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) announced today that it will participate in the Goldman Sachs Global Industrials Conference 2010 on Thursday, November 4 in New York. Patrick D. Campbell, senior vice president and chief financial officer, will speak at 11:45 a.m. Eastern time. Further presentation details will be posted on 3M’s Investor Relations home page at http://investor.3M.com/ shortly before the event. About 3M Amore...
  • 10/28/10 6:30 am CDT

    Company Drives 13 Percent Increase in Earnings per Share

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported record third-quarter earnings of $1.53 per share on sales of $6.9 billion. Sales and per-share earnings increased 11 percent and 13.3 percent, respectively, versus the third quarter of 2009. Operating income was a third quarter record $1.576 billion and operating margins were 22.9 percent. Operating margins exceeded 20 percent in all six of the company’s business segments for the third consecutive quartermore...
  • 8/16/10 5:07 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced dates for the following events: 3M will participate in the Morgan Stanley Global Industrials Unplugged Conference on Tuesday, August 31, 2010 in New York City. Patrick D. Campbell, senior vice president and chief financial officer, will speak at 9:45 a.m. ET. 3M will also participate in the Credit Suisse Chemical and Ag Science Conference on Thursday, September 16, 2010, in New Yorkmore...
  • 8/9/10 5:12 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 third quarter of 2010, payable September 12, 2010, to shareholders of record at the close of business on August 20, 2010. This cash dividend is the 376th consecutive quarterly dividend paid by 3M. As of June 30, 2010, 3M had 713,134,328 common shares outstanding and 108,684 shareholders of recordmore...
  • 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...