The 3M Board of Directors declared a quarterly dividend of $0.73 per share for the first quarter of 2025, payable on March 12, 2025, to shareholders of record on February 14, 2025. This represents an increase from the previous dividend of $0.70 per share.
In a significant move to enhance shareholder value, the board also authorized the repurchase of up to $7.5 billion of 3M's outstanding common stock. This new authorization replaces the company's existing repurchase program, demonstrating a renewed commitment to capital deployment.
3M has maintained a consistent dividend payment record for over 100 years, and these actions underscore the company's strong financial position and its strategy to return capital to shareholders through both dividends and share buybacks.
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