3m Boosts Dividend, Oks Buyback Plan

Summary


MAPLEWOOD, Minn. - 3M Co. boosted its first-quarter dividend by 5 percent and announced plans to repurchase up to $7 billion worth of its common shares.

The diversified technology manufacturer said Tuesday that its board of directors authorized a dividend of 55 cents, up from 52.5 cents last quarter. The cash will be paid on March 12 to shareholders of record at the close of business on Feb. 18, 3M said.

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3m Boosts Dividend, Oks Buyback Plan

3M said ...

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