3M Co (NYSE:MMM) had declared a cash dividend of $1.1100 on Aug 9, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed for Aug 19, 2016. On Aug 9, 2016 share price, the yield comes out to be 2.4889%. The dividend payable date has been fixed on Sep 12, 2016.
3M Co (MMM) made into the market gainers list on Wednesdays trading session with the shares advancing 0.97% or 1.73 points. Due to strong positive momentum, the stock ended at $179.87, which is also near the day’s high of $180.09. The stock began the session at $178.67 and the volume stood at 13,58,528 shares. The 52-week high of the shares is $182.27 and the 52 week low is $134. The company has a current market capitalization of $108,713 M and it has 60,44,00,290 shares in outstanding.
3M Co(MMM) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $7.66B. Analysts had an estimated revenue of $7.71B. Earnings per share were $2.08. Analysts had estimated an EPS of $2.07.
Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, James L Bauman (Executive Vice President) sold 9,066 shares at $178.43 per share price.Also, On Aug 2, 2016, Frank R Jr. Little (Executive Vice President) sold 3,778 shares at $178.46 per share price.On Aug 1, 2016, Khandpur K Ashish (Sr. VP, Chief Tech. Officer) sold 1,679 shares at $178.39 per share price, according to the Form-4 filing with the securities and exchange commission.
3M Company is a diversified technology company. The Company operates in five business segments: Industrial which serves a range of markets such as automotive original equipment manufacturer (OEM) and automotive aftermarket electronics appliance paper and printing packaging food and beverage and construction; Safety and Graphics which serves a range of markets for the safety security and productivity of people facilities and systems; Electronics and Energy which serves customers in electronics and energy markets including solutions for electronic devices telecommunications networks electrical products power generation and distribution and infrastructure protection; Health Care which serves markets that include medical clinics and hospitals pharmaceuticals dental and orthodontic practitioners and health information systems and Consumer which serves markets that include consumer retail office retail home improvement building maintenance and other markets.