3M (MMM) Dividend History & Yield
3M (MMM) has increased its dividend for multiple years and currently yields 1.98%. The most recent dividend was $0.7800/share on Mar 12, 2026, paid Quarterly.
MMM
Current Yield
1.98%
TTM Dividend/Share
$2.97
Payment Frequency
Quarterly
Payout Ratio
57.2%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-13.16%
Div Growth (5Y CAGR)
-9.90%
Div Growth (10Y CAGR)
-1.59%
MMM: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
-7.9%
FCF payout ratio
20.1%
Net debt / EBITDA
1.8x
Interest coverage
7.20x
ROIC (TTM)
18.9%
Dividend Safety Score
3 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 57.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($2.61) does not fully cover dividend/share ($2.97).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 20.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-9.9%) exceeds EPS growth (-14.7%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 22, 2026
- Payment date
- Jun 12, 2026
- Dividend
- $0.7800
- Adj. dividend
- $0.7800
Ex-date Feb 13, 2026
- Payment date
- Mar 12, 2026
- Dividend
- $0.7800
- Adj. dividend
- $0.7800
Ex-date Nov 14, 2025
- Payment date
- Dec 12, 2025
- Dividend
- $0.7300
- Adj. dividend
- $0.7300
Ex-date Aug 25, 2025
- Payment date
- Sep 12, 2025
- Dividend
- $0.7300
- Adj. dividend
- $0.7300
Ex-date May 23, 2025
- Payment date
- Jun 12, 2025
- Dividend
- $0.7300
- Adj. dividend
- $0.7300
Ex-date Feb 14, 2025
- Payment date
- Mar 12, 2025
- Dividend
- $0.7300
- Adj. dividend
- $0.7300
Ex-date Nov 15, 2024
- Payment date
- Dec 12, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Aug 26, 2024
- Payment date
- Sep 12, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date May 23, 2024
- Payment date
- Jun 12, 2024
- Dividend
- $0.7000
- Adj. dividend
- $0.7000
Ex-date Feb 15, 2024
- Payment date
- Mar 12, 2024
- Dividend
- $1.5100
- Adj. dividend
- $1.2625
Ex-date Nov 16, 2023
- Payment date
- Dec 12, 2023
- Dividend
- $1.5000
- Adj. dividend
- $1.2542
Ex-date Aug 18, 2023
- Payment date
- Sep 12, 2023
- Dividend
- $1.5000
- Adj. dividend
- $1.2542
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 22, 2026 | Jun 12, 2026 | $0.7800 | $0.7800 |
| Feb 13, 2026 | Mar 12, 2026 | $0.7800 | $0.7800 |
| Nov 14, 2025 | Dec 12, 2025 | $0.7300 | $0.7300 |
| Aug 25, 2025 | Sep 12, 2025 | $0.7300 | $0.7300 |
| May 23, 2025 | Jun 12, 2025 | $0.7300 | $0.7300 |
| Feb 14, 2025 | Mar 12, 2025 | $0.7300 | $0.7300 |
| Nov 15, 2024 | Dec 12, 2024 | $0.7000 | $0.7000 |
| Aug 26, 2024 | Sep 12, 2024 | $0.7000 | $0.7000 |
| May 23, 2024 | Jun 12, 2024 | $0.7000 | $0.7000 |
| Feb 15, 2024 | Mar 12, 2024 | $1.5100 | $1.2625 |
| Nov 16, 2023 | Dec 12, 2023 | $1.5000 | $1.2542 |
| Aug 18, 2023 | Sep 12, 2023 | $1.5000 | $1.2542 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 51 year-over-year increases across 55 calendar years of data (1971–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.9200 | — | — |
| 2025 | $3.3625 | $2.9200 | -13.2% |
| 2024 | $5.0167 | $3.3625 | -33.0% |
| 2023 | $4.9833 | $5.0167 | +0.7% |
| 2022 | $4.9498 | $4.9833 | +0.7% |
| 2021 | $4.9164 | $4.9498 | +0.7% |
| 2020 | $4.8160 | $4.9164 | +2.1% |
| 2019 | $4.5485 | $4.8160 | +5.9% |
| 2018 | $3.9298 | $4.5485 | +15.7% |
| 2017 | $3.7124 | $3.9298 | +5.9% |
| 2016 | $3.4281 | $3.7124 | +8.3% |
| 2015 | $2.8595 | $3.4281 | +19.9% |
| 2014 | $2.1238 | $2.8595 | +34.6% |
| 2013 | $1.9732 | $2.1238 | +7.6% |
| 2012 | $1.8395 | $1.9732 | +7.3% |
| 2011 | $1.7558 | $1.8395 | +4.8% |
| 2010 | $1.7057 | $1.7558 | +2.9% |
| 2009 | $1.6722 | $1.7057 | +2.0% |
| 2008 | $1.6054 | $1.6722 | +4.2% |
| 2007 | $1.5385 | $1.6054 | +4.3% |
| 2006 | $1.4047 | $1.5385 | +9.5% |
| 2005 | $1.2040 | $1.4047 | +16.7% |
| 2004 | $1.1037 | $1.2040 | +9.1% |
| 2003 | $1.0368 | $1.1037 | +6.5% |
| 2002 | $1.0034 | $1.0368 | +3.3% |
| 2001 | $0.9699 | $1.0034 | +3.4% |
| 2000 | $0.9364 | $0.9699 | +3.6% |
| 1999 | $0.9197 | $0.9364 | +1.8% |
| 1998 | $0.8863 | $0.9197 | +3.8% |
| 1997 | $1.8060 | $0.8863 | -50.9% |
| 1996 | $0.7860 | $1.8060 | +129.8% |
| 1995 | $0.7358 | $0.7860 | +6.8% |
| 1994 | $0.6940 | $0.7358 | +6.0% |
| 1993 | $0.6689 | $0.6940 | +3.8% |
| 1992 | $0.6522 | $0.6689 | +2.6% |
| 1991 | $0.6104 | $0.6522 | +6.8% |
| 1990 | $0.5435 | $0.6104 | +12.3% |
| 1989 | $0.4432 | $0.5435 | +22.6% |
| 1988 | $0.3888 | $0.4432 | +14.0% |
| 1987 | $0.3763 | $0.3888 | +3.3% |
| 1986 | $0.3658 | $0.3763 | +2.9% |
| 1985 | $0.3554 | $0.3658 | +2.9% |
| 1984 | $0.3449 | $0.3554 | +3.0% |
| 1983 | $0.3344 | $0.3449 | +3.1% |
| 1982 | $0.3135 | $0.3344 | +6.7% |
| 1981 | $0.2926 | $0.3135 | +7.1% |
| 1980 | $0.2508 | $0.2926 | +16.7% |
| 1979 | $0.2090 | $0.2508 | +20.0% |
| 1978 | $0.1777 | $0.2090 | +17.6% |
| 1977 | $0.1513 | $0.1777 | +17.4% |
| 1976 | $0.1411 | $0.1513 | +7.3% |
| 1975 | $0.1309 | $0.1411 | +7.8% |
| 1974 | $0.1097 | $0.1309 | +19.2% |
| 1973 | $0.1006 | $0.1097 | +9.0% |
| 1972 | $0.0968 | $0.1006 | +4.0% |
| 1971 | — | $0.0968 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for 3M (MMM) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.58B
YoY change
-40.7%
5Y CAGR
-19.1%
Peak year (2021)
$3.42B
Latest annual
$1.18B
Cash dividends paid over time for 3M (MMM)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for 3M (MMM)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.18B | -40.7% | -$807.00M | ||
| 2024 | $1.98B | -40.1% | -$1.33B | ||
| 2023 | $3.31B | -1.7% | -$58.00M | ||
| 2022 | $3.37B | -1.5% | -$51.00M | ||
| 2021 | $3.42B | +0.9% | +$32.00M | ||
| 2020 | $3.39B | +2.2% | +$72.00M | ||
| 2019 | $3.32B | +3.9% | +$123.00M | ||
| 2018 | $3.19B | +13.9% | +$390.00M | ||
| 2017 | $2.80B | +4.7% | +$125.00M | ||
| 2016 | $2.68B | +4.6% | +$117.00M | ||
| 2015 | $2.56B | +15.6% | +$345.00M | ||
| 2014 | $2.22B | +28.1% | +$486.00M | ||
| 2013 | $1.73B | +5.8% | +$95.00M | ||
| 2012 | $1.64B | +5.1% | +$80.00M | ||
| 2011 | $1.55B | +3.7% | +$55.00M | ||
| 2010 | $1.50B | +4.8% | +$69.00M | ||
| 2009 | $1.43B | +2.4% | +$33.00M | ||
| 2008 | $1.40B | +1.3% | +$18.00M | ||
| 2007 | $1.38B | +0.3% | +$4.00M | ||
| 2006 | $1.38B | +7.0% | +$90.00M | ||
| 2005 | $1.29B | +14.3% | +$161.00M | ||
| 2004 | $1.13B | +8.8% | +$91.00M | ||
| 2003 | $1.03B | +6.8% | +$66.00M | ||
| 2002 | $968.00M | +2.1% | +$20.00M | ||
| 2001 | $948.00M | +3.3% | +$30.00M | ||
| 2000 | $918.00M | +1.9% | +$17.00M | ||
| 1999 | $901.00M | +1.6% | +$14.00M | ||
| 1998 | $887.00M | +1.3% | +$11.00M | ||
| 1997 | $876.00M | +9.1% | +$73.00M | ||
| 1996 | $803.00M | +1.6% | +$13.00M | ||
| 1995 | $790.00M | +6.2% | +$46.00M | ||
| 1994 | $744.00M | +3.2% | +$23.00M | ||
| 1993 | $721.00M | +2.9% | +$20.00M | ||
| 1992 | $701.00M | +2.3% | +$16.00M | ||
| 1991 | $685.00M | +5.9% | +$38.00M | ||
| 1990 | $647.00M | +11.9% | +$69.00M | ||
| 1989 | $578.00M | — | — |
2025's annual dividends paid for 3M (MMM) came in at $1.18B – plunged 40.7% year-over-year.
Over 2020–2025 (5 years), 3M dividends paid expanded at a -19.1% compound annual rate, with a net decline across the window.
3M dividends paid peaked at $3.42B in 2021; the latest annual figure is $1.18B in 2025 (65.6% below peak).
Across the available history, dividends paid reached its high of $3.42B in 2021 and its low of $578.00M in 1989.
3M (MMM) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $2.23B.
3M Dividends Paid 2025: $1.18B
3M dividends paid in 2025 was $1.18B, plunged 40.7% below 2024.
3M Dividends Paid 2024: $1.98B
3M dividends paid in 2024 was $1.98B, plunged 40.1% below 2023.
3M Dividends Paid 2023: $3.31B
3M dividends paid in 2023 was $3.31B, edged down 1.7% below 2022.
3M Dividends Paid 2022: $3.37B
3M dividends paid in 2022 was $3.37B, edged down 1.5% below 2021.
3M Dividends Paid 2021: $3.42B
3M dividends paid in 2021 was $3.42B.
See more financial history for 3M (MMM).
Sector peers by dividends paid
Companies in the same sector as 3M, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does 3M pay dividends?
Yes, 3M (MMM) pays quarterly dividends of approximately $2.97 per share annually, yielding 1.98%.
What is 3M's dividend yield?
3M (MMM) has a current dividend yield of 1.98%.
Is 3M's dividend safe?
3M (MMM) passes 3 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
Is 3M a yield trap?
3M (MMM) shows 2 warning signals: Dividend growth rate declining for multiple years; Dividends declining for 3+ consecutive years. Investors should review fundamentals carefully.
How many consecutive years has 3M increased its dividend?
3M (MMM) has 0 consecutive years of dividend increases.
What is 3M's dividend payout ratio?
3M (MMM) has a dividend payout ratio of 57.2%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is 3M's dividends paid?
Latest reported dividends paid for 3M (MMM) is $1.58B (period ending March 31, 2026).
How has 3M dividends paid changed year-over-year?
3M (MMM) dividends paid changed -40.7% year-over-year on the latest annual filing.
What is the long-term growth rate of 3M dividends paid?
3M (MMM) dividends paid compound annual growth rate is -19.1% over the most recent 5 years available.
When did 3M dividends paid hit its highest annual value?
3M dividends paid reached its highest annual value of $3.42B in 2021.
What was 3M dividends paid in 2024?
3M (MMM) dividends paid in 2024 was $1.98B.
What was 3M dividends paid in 2025?
3M (MMM) dividends paid in 2025 was $1.18B.
Explore more
MMM Overview
Company profile, financial tools, and key metrics
MMM Revenue Counter
Earns $793.51 every second. See per minute, hour, and day.
MMM Earnings Counter
Earns $88.38 per second net profit. See per minute, hour, and day.
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MMM How It Makes Money
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MMM Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MMM Price Target Scenarios
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MMM Daily Price Character
Steady · 46.3% historical win rate (green days). Streaks & record days.
MMM Buybacks
7.21% TTM buyback yield. Shareholder yield & SBC comparison.
MMM Stock Split History
4 splits on record. Dates, ratios, and cumulative multiple.
MMM Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MMM Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
MMM Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
MMM Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.