3M Rewards Shareholders with Dividend Hike

Industrial conglomerate 3M recently announced a quarterly dividend of $1.49 per share, a marginal increase from the previous dividend of $1.48.
The dividend will be paid on March 12, 2022, to shareholders of record as of February 18, 2022.
Following the news, shares of the company declined marginally to close at $162.27 in Tuesday’s extended trading session.
The company’s annual dividend of $5.96 per share now reflects a dividend yield of 3.7% based on Tuesday’s closing price.


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