Page title
Section title
- Dividend Yield
- 2.10%
- Payout Ratio
- 41.58%
- Dividend Amount Per Share
- $5.21
- Last Ex-Dividend Date
- Aug 26, 2024
MMM Dividend Safety
MMM paid out 41.58% of its -$7B earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
MMM's Dividend Payout Ratio of 41.58% is considered safe for the Industrials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
MMM's Interest Coverage Ratio of 0.986 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
MMM demonstrates poor income quality with a ratio of -0.957. This indicates low-quality earnings and high risk of dividend cuts.
MMM Dividend Growth
3M Company(MMM) offers a dividend yield of 2.10% and pays $5.21 in dividends per share. Explore the historical dividend growth of MMM.
Dividend Stability
MMM has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
Dividend Growth
MMM's dividend payments have shown very poor growth, shrinking by -10.277% over the last 5 years.
Earnings Growth
MMM's earnings have shown very poor growth, shrinking by -50.613% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
MMM Dividend Yield Attractiveness
3M Company(MMM) provides a dividend yield of 2.10%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.10%
2.26%
2.90%
5.98%
Dividend Yield
MMM's dividend yield of 2.1% is considered good compared to the sector average of 2.901%, providing a strong safety margin for investors.
MMM Cash Flow
Over the past 12 months, MMM generated $33B in revenue, produced $4B in free cash flow, and distributed $3B in dividends.
Free Cash Flow Growth
MMM's free cash flow has decreased by -1.166% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
MMM Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by 3M Company. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.