Replies to post #471 on 3M Company (MMM)

[bar1080]

Nice numbers announced. Should get sizable div increase in February.

[DewDiligence]

3M increases dividend for 63rd(!) consecutive year:

https://finance.yahoo.com/news/3m-board-declares-increase-first-001500345.html

The new annualized payout is $5.92 (up from $5.88). At the current share price ($175.02), the new payout equates to a dividend yield of 3.4%.

[DewDiligence]

3M 1Q21_results—full-year-2021_guidance*_unchanged_from_3mo_ago…

1Q21 PR:
https://investors.3m.com/news/news-details/2021/3M-Reports-First-Quarter-2021-Results/default.aspx

CC slides:
https://s24.q4cdn.com/834031268/files/doc_financials/2021/q1/Q1-2021-Earnings-Presentation.pdf

*GAAP EPS $9.20-9.70; YoY sales growth 5-8%; organic YoY sales growth 3-6%.