3M Company (NYSE:MMM) Updates On Dividend Release Date


On 2016-08-10, 3M Company (NYSE:MMM) confirmed the dividend disbursement of $1.11 a share to shareholders as on record 2016-08-19. The firm will release dividend on 2016-09-12 while ex-dividend date is reported to be 2016-08-17.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, 3M Company (NYSE:MMM) paid a total of $1.11 per share in dividends. This figure stood at $1.11 a share in the same period a year ago indicating a deviation of 19.883%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $182.666 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $210 and $168, respectively.

Taking the mathematical rating formula, the price for 3M Company (NYSE:MMM) stands at 2.94. Earnings Review 3M Company (NYSE:MMM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $2.14.

Coming to the quarter ending on 2015-12-31, 3M Company (NYSE:MMM) recorded EPS of $2.08. The reported numbers came lower than the analysts’ estimates of $2.08, demonstrating a miss of $0 as against reported figures.

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