SmarterDividends
MMM

3M Company

MMM

Industrials · Stock · quarterly payer

Forward Yield

2.04%

Annual Dividend

$3.12

Payout Ratio

57%

5-Yr Growth

-9.9%

Ex-Date

May 22, 2026

Frequency

Quarterly

MMM Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage57% of earnings paid out
Free-cash-flow coverage70% of free cash flow
Balance-sheet strengthDebt/equity of 3.96
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MMM a good dividend stock?

Yes, with caveats

3M Company (MMM) pays a quarterly dividend yielding 2.04% ($3.12/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (57%)

Risks

  • Cut its dividend in 2024
  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.04%
Payout Ratio
57%
Annual Dividend
$3.12
5-Yr Avg Growth
-9.9%
Ex-Dividend Date
May 22, 2026
Years of Growth
1
Frequency
quarterly
Beta
1.09
Market Cap
$79.7B
P/E Ratio
29.4
5-Yr Total Return
-8%
52-Week Range
$139.34 – $177.41
Dividend Safety
C · 60/100
Ever Cut?
Yes (2024)
MMM ex-dividend date & scheduleNext ex-date May 22, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.12 / yr per share

Per payment (quarterly)$78.00
Annual$312.00
Monthly avg$26.00