MMM Dividend Calculator
Calculate how much dividend income 3M Company (MMM) could generate with reinvestment. Pre-loaded with MMM's current 1.89% yield and -10.0% dividend growth rate.
Dividend Yield: 1.89%
Annual Dividend: $3.02 per share
Share Price: $159.84
Payout Ratio: 56.6%
MMM DRIP Calculator
Model MMM dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): -10.0% per year
Frequently Asked Questions
- What is MMM's current dividend yield?
- MMM (3M Company) currently has a dividend yield of 1.89%. This means for every $10,000 invested, you would receive approximately $189 per year in dividend income before taxes.
- How much MMM do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from MMM at its current yield of 1.89%, you would need approximately $634,921 invested. With dividend reinvestment and growth, you may need less over time.
- Does MMM pay monthly dividends?
- No, MMM pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is MMM's dividend safe?
- MMM's payout ratio is 56.6%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is MMM's dividend growth rate?
- MMM's 5-year dividend compound annual growth rate (CAGR) is approximately -10.0% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the MMM dividend page.