3M Stock To Go Ex-dividend Tomorrow (MMM)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 59 cents per share. At a price of $87.60 as of 9:30 a.m. ET, the dividend yield is 2.7%.
The average volume for 3M has been four million shares per day over the past 30 days. 3M has a market cap of $60.22 billion and is part of the
sector and
industry. Shares are up 7.7% year to date as of the close of trading on Monday.
3M Company, together with subsidiaries, operates as a diversified technology company worldwide. The company has a P/E ratio of 14.6, equal to the average conglomerates industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates 3M as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
.
See our
or
.
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