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3M Board Declares Quarterly Dividend

Company marks 100 consecutive years of dividends paid.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The 3M Board of Directors declared a dividend on the company’s common stock of $1.11 per share for the third quarter of 2016, which is payable Sept. 12, 2016, to shareholders of record at the close of business on Aug. 19, 2016. 3M has paid dividends to its shareholders without interruption since 1916.
 
“A hallmark of our company’s long history of success is the ability to consistently invest to grow our businesses and to create value for our shareholders, including paying a strong and steady dividend,” said Inge G. Thulin, 3M chairman, president and CEO. “Today we are proud to mark 3M’s 100th consecutive year of paying dividends, which we have increased for each of the last 58 years.”

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