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3M offers a very solid DRIP plan for DRIP investors. All purchase and dividend reinvestment fees are paid by the company and optional cash purchases can be made on a monthly basis. The company does not currently offer a direct enrollment option for non-shareholders, so those interested will need to own at least one share of 3M stock to be eligible.
Investor Contact Information:
Transfer Agent: EQ Shareowner Services
Mail: P.O. Box 64856
St. Paul, MN 55164
* By clicking this button you will initiate a share purchase request to other FirstShare community members.
|DRIP Plan Summary:||Fees/Investment Options|
|Consecutive Years of Higher Dividends:||59|
|Purchase Fee:||None (paid by 3M0)|
|Dividend Reinvestment Fee:||None (paid by 3M0)|
|Discount on Reinvested Dividends:||None|
|Direct Enrollment (DE):||No|
|DE Minimum Investment:||NA|
|Optional Cash Purchase:||Yes|
|OCP Purchase Frequency:||Weekly|
|Transfer Agent:||Wells Fargo|