3M's (MMM) Commitment to Innovation Drives Dividend Growth

3M Company (NYSE:MMM) is included among the 11 Innovative Dividend Stocks to Buy Now.

3M Company (NYSE:MMM) is well known for inventing Post-it Notes, which have become a common item in workplaces, classrooms, and homes around the world. The company also introduced Scotch tape in 1930, initially designed to seal cellophane food wrappers. This transparent tape soon gained widespread popularity thanks to its wide range of uses, from wrapping presents to handling routine household tasks.

3M Company (NYSE:MMM) recently reported earnings for the second quarter of 2025. The company’s revenues came in at $6.34 billion, which showed a 1.4% growth from the same period last year. It continued the momentum seen in the first quarter, marking the third consecutive quarter of organic growth across all three business segments. Management attributed this progress to the 3M eXcellence operating model, which underpins the company’s strategic priorities and reinforces a disciplined and consistent performance culture. With stronger execution and solid results in the first half of the year, the leadership expressed confidence in the raised full-year EPS forecast, which now also reflects the anticipated effect of tariffs.

3M Company (NYSE:MMM) is currently paying a quarterly dividend of $0.73 per share. Although the company reduced its dividend by half last year and has only increased it once since, it has continued to prioritize shareholder returns. In the latest quarter, 3M distributed $1.3 billion to investors through dividends and stock buybacks. The stock supports a dividend yield of 1.92%, as of July 28.

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