Minn Mining & Mfg

Minn Mining & Mfg DRIP Rating:
Quick Takeaway:

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.

Ticker Symbol: MMM Exchange: NYSE

Investor Contact Information:
Transfer Agent: EQ Shareowner Services
Mail: P.O. Box 64856
St. Paul, MN 55164
Phone: 800-401-1952
IR website

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2012 2013 2014 2015 2016 2017
Dividend $2.36 $2.54 $3.42 $4.10 $4.44 $4.70
Annual Increase 7.3% 7.6% 34.6% 19.9% 8.3% 5.9%
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 Minimum: $10/transaction
OCP Maximum: $10,000/qtr.
OCP Purchase Frequency: Weekly
Transfer Agent: Wells Fargo