3M: raises dividend by 6%
(CercleFinance.com) - US diversified manufacturer 3M raised its dividend by 6% late on Tuesday, increasing its quarterly payout to shareholders to 1.
44 dollar per share.
The Minnesota-based company, which makes Scotch tape and Post-It notes, amongst other brands, said that this marked the 61st consecutive year that it has raised its dividend, citing the "strength of (its) business model."
The firm currently has over 76,000 shareholders.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
44 dollar per share.
The Minnesota-based company, which makes Scotch tape and Post-It notes, amongst other brands, said that this marked the 61st consecutive year that it has raised its dividend, citing the "strength of (its) business model."
The firm currently has over 76,000 shareholders.
Copyright (c) 2019 CercleFinance.com. All rights reserved.