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Earnings and Dividends

  • 8/11/08 3:05 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 50 cents per share for the third quarter of 2008, payable Sept. 12, 2008, to shareholders of record at the close of business on Aug. 22, 2008. This cash dividend is the 368th consecutive quarterly dividend paid by 3M. As of June 30, 2008, 3M had 698,990,402 common shares outstanding and 121,532 shareholders of recordmore...
  • 7/24/08 6:30 am CDT

    - Company Generates Broad-Based Sales Growth Of 10 Percent -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced second-quarter sales of $6.7 billion, an increase of 9.7 percent over second quarter of 2007. Net income was $945 million, or $1.33 per share, versus $917 million, or $1.25 per share in the corresponding period last year. Excluding special items in both 2007 and 2008 (a-e), net income in the second quarter of 2008 was $991 million, or $1.39 per share, versus $899 million, or $1.23 per share, inmore...
  • 7/23/08 10:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has entered into a definitive agreement to acquire Ligacon AG, a Switzerland-based manufacturer and supplier of filtration systems and filter elements for the pharmaceutical, biotech and general industrial markets. Terms of the transaction were not disclosed. As a distributor of CUNO products, Ligacon and 3M have enjoyed a working relationship for several years. “The combination of 3M’s technology leadership andmore...
  • 6/25/08 1:35 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its second-quarter 2008 earnings conference call on Thursday, July 24, 2008, at 8 a.m. CT. 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 for dozens ofmore...
  • 5/13/08 4:50 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 50 cents per share for the second quarter of 2008, payable June 12, 2008, to shareholders of record at the close of business on May 23, 2008. This cash dividend is the 367th consecutive quarterly dividend paid by 3M. As of March 31, 2008, 3M had 704,287,501 common shares outstanding and 121,209 shareholders of record. Aboutmore...
  • 4/24/08 6:31 am CDT

    Company Reaffirms 2008 EPS Growth of Greater Than 10 Percent

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced first-quarter sales of $6.5 billion, an increase of 8.9 percent over last year. Net income was $988 million, or $1.38 per share, versus $1.4 billion, or $1.85 per share in the first quarter of 2007. Included in first quarter 2007 results are net gains of $422 million, or $0.57 per share, from the sale of the company’s branded pharmaceuticals business in Europe, net of other various special items (a-c). Excludingmore...
  • 3/28/08 4:40 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--First paragraph of release should read: 3M today announced that it will webcast its first-quarter 2008 earnings conference call on Thursday, April 24, 2008, at 8 a.m. CT (instead of 3M today announced that it will webcast its first-quarter 2008 earnings conference call on Tuesday, April 29, 2008 at 8 a.m. CT). The corrected release reads: 3M TO WEBCAST FIRST-QUARTER EARNINGS CONFERENCE CALL 3M today announcedmore...
  • 2/11/08 3:27 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 50 cents per share for the first quarter 2008, a 4.2 percent increase over the quarterly dividend paid in 2007. The dividend is payable on March 12, 2008, to shareholders of record at the close of business on February 22, 2008. This marks the company’s 366th consecutive quarterly dividend and the 50th consecutive year of 3M dividendmore...
  • 1/29/08 6:30 am CST

    Company Posts Record Fourth Quarter Sales;

    Reaffirms Minimum 10 Percent Earnings Per Share Expectation For 2008

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today reported 2007 sales of $24.5 billion, an all-time record for the company. Sales were up 7 percent from a year ago, and up 11 percent adjusted for recently divested businesses. Net income for 2007 was $4.1 billion, or $5.60 per share, versus $3.9 billion or $5.06 per share in 2006, up 6 percent and 11 percent, respectively. Excluding special items (a-m), 2007 earnings were $4.98 per share, up 11 percent. The company’smore...
  • 1/2/08 4:27 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its fourth-quarter 2007 earnings conference call on Tuesday, January 29, 2008, at 8 a.m. CT. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com. About 3M -- A Global, Diversified Technology Company Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, themore...