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3M Board Declares Quarterly Dividend; Company Marks 100 Consecutive Years of Dividends Paid

Tuesday, August 9, 2016 5:26 pm CDT

Dateline:

ST. PAUL, Minn.

Public Company Information:

NYSE:
MMM
"A hallmark of our company’s long history of success is the ability to consistently invest to grow our businesses and to create value for our shareholders, including paying a strong and steady dividend"

ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.11 per share for the third quarter of 2016, which is payable Sept. 12, 2016, to shareholders of record at the close of business on Aug. 19, 2016. 3M has paid dividends to its shareholders without interruption since 1916.

“A hallmark of our company’s long history of success is the ability to consistently invest to grow our businesses and to create value for our shareholders, including paying a strong and steady dividend,” said Inge G. Thulin, 3M chairman, president and chief executive officer. “Today we are proud to mark 3M’s 100th consecutive year of paying dividends, which we have increased for each of the last 58 years.”

As of June 30, 2016, 3M had 604,400,291 common shares outstanding and 83,120 shareholders of record.

About 3M
At 3M, we apply science in collaborative ways to improve lives daily. With $30 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNewsroom.

Contact:

3M
Investor Contacts:
Bruce Jermeland, 651-733-1807
or
Mike Kronebusch, 651-733-1141
or
Media Contact:
Lori Anderson, 651-733-0831

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