3M (MMM) Declares $0.51 Quarterly Dividend; 2.6% Yield

November 10, 2009 9:54 AM EST

3M (NYSE:MMM) declared a dividend on the company's common stock of $0.51 per share for the fourth quarter of 2009, or $2.04 annualized.

The dividend is payable December 12, 2009, to shareholders of record at the close of business on November 20, 2009. The ex-dividend date is November 18, 2009.

Yield on the dividend is 2.6%.

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