Dividend Aristocrat 3M will raise dividend 0.7% in 2022
Dividend growth has slowed significantly for 3M. Dividend Aristocrat 3M (MMM) will raise its dividend by 0.7% to $1.49 quarterly. Last year MMM also announced a 0.7% (1 cent per share) dividend increase. This marks 64 consecutive years of dividend growth for the conglomerate but also matches the smallest dividend hike in decades.