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3M declares $1.47 dividend
- 3M (NYSE:MMM) declares $1.47/share quarterly dividend, 2% increase from prior dividend of $1.44.
- Forward yield 3.76%
- Payable March 12; for shareholders of record Feb. 14; ex-div Feb. 13.
https://seekingalpha.com/news/3538315-3m...7-dividend
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan