3M Stock To Go Ex-dividend Tomorrow (MMM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for 3M (NYSE: MMM) is tomorrow, February 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 64 cents per share. At a price of $102.75 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for 3M has been 2.8 million shares per day over the past 30 days. 3M has a market cap of $71.03 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 10.6% year to date as of the close of trading on Monday.

3M Company operates as a diversified technology company worldwide. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates 3M as a buy. 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, solid stock price performance, increase in net income and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full 3M Ratings Report.

See our dividend calendar or top-yielding stocks list.

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