Flexible Electronics News

3M Increases Dividend 8 Percent, Authorizes $7.5 Billion Share Repurchase Program

Marks 55th consecutive year of 3M dividend increases

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Board of Directors of 3M declared a dividend on the company’s common stock of 63.5 cents per share for the first quarter of 2013, an 8% increase over the quarterly dividend paid in 2012. The dividend is payable on March 12, 2013, to shareholders of record at the close of business on Feb. 15, 2013. This marks the company’s 55th consecutive year of 3M dividend increases, and its 96th year of continuous dividend payments. The board also authorized the repurchase of up to $7.5 billion of 3M’s...

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