3M Continues Strong Capital Returns to Shareholders
3M Company (MMM) is known for its strong presence in various markets, including industrial, electrical, transportation, consumer, and home care. The diversified technology firm has manufacturing operations globally and serves a diverse customer base.
The company's commitment to rewarding shareholders through dividends and share buybacks is evident. In the first six months of 2026, 3M paid out $813 million in dividends and repurchased shares worth $3 billion. Last year, it distributed $1.6 billion in dividends and spent about $3.3 billion on buying back its own stock.
In February 2025, 3M's board authorized a share repurchase program of up to $7.5 billion, which has no expiration date. As of the end of Q2 2026, the company had approximately $1.8 billion remaining under this program.
Recently, 3M increased its quarterly dividend by 6.8% in February 2026.