3M Company dividend history and coverage
Fiscal 2016–2025 dividends per share, payout of earnings and cash flow, and any decreases, read from 3M Company's own SEC filings. Data built 2026-11-01.
Dividend history
- Dividends per share (fiscal year)
- Year with a decrease
- Earnings per share (diluted)
Yield at today's price
The numbers, with their filings
| Fiscal year | Dividends/share | EPS (diluted) | Payout of EPS | FCF/share | Cash payout | Filing |
|---|---|---|---|---|---|---|
| FY2025 | 2.920 | 6.00 | 49% | 2.58 | 112% | 10-K |
| FY2024 | 3.610 | 7.55 | 48% | 1.15 | >200% | 10-K |
| FY2023 | 6.000 | -12.63 | not covered | 9.14 | 65% | 10-K |
| FY2022 | 5.960 | 10.18 | 59% | 6.77 | 88% | 10-K |
| FY2021 | 5.920 | 10.12 | 59% | 10.00 | 59% | 10-K |
| FY2020 | 5.880 | 9.36 | 63% | 11.36 | 51% | 10-K |
| FY2019 | 5.760 | 7.72 | 75% | 9.18 | 62% | 10-K |
| FY2018 | 5.440 | 8.89 | 61% | 8.08 | 66% | 10-K |
| FY2017 | 4.700 | 7.93 | 59% | 7.94 | 58% | 10-K |
| FY2016 | 4.440 | 8.16 | 54% | 8.47 | 51% | 10-K |
Dividends per share: dividends declared per share, as tagged in the company's filings. Free cash flow = operating cash flow − capital expenditures (as tagged); cash payout = common dividends paid ÷ free cash flow. All 3M Company filings on EDGAR ↗
Data note. 3M spun off Solventum on April 1, 2024 and reset its dividend in May 2024.
Dividend decrease, in the company's words
3M Company: -53.6%
Quarterly dividend US$1.5100 → US$0.7000.
“following the spin of Solventum, 3M's dividend payout ratio is expected to be approximately 40% of adjusted free cash flow”
3M spun off Solventum on April 1, 2024 (one Solventum share for every four 3M shares) and reset its dividend in May, targeting a payout of about 40% of adjusted free cash flow. Fiscal 2024 declared dividends totalled $3.61.
What the filings showed beforehand: payout of earnings FY2021 59%, FY2022 59%, FY2023 not covered; cash payout FY2021 59%, FY2022 88%, FY2023 65%.
What $1,000 of 3M dividends is worth after tax
Canadian resident (2026 estimate)
| Account | You keep | Why |
|---|---|---|
| Non-registered | $704 | 15% US withholding, then Canadian tax like interest with a foreign tax credit |
| TFSA | $850 | 15% US withholding, not recoverable |
| RRSP / RRIF | $1,000 | Treaty exemption from US withholding; taxed on withdrawal |
US taxpayer (2026 estimate)
Example: married filing jointly, $120,000 of other taxable income, 22% ordinary bracket.
| Account | You keep |
|---|---|
| Taxable brokerage | $850 |
| Roth IRA | $1,000 |
| Traditional IRA / 401(k) | $1,000* |
* Nothing is taxed when the dividend is paid; withdrawals are taxed later as ordinary income.
Assumes qualified-dividend treatment (holding period met). Use your own numbers.
Frequently asked questions
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