3MINDIA

3M India Ltd

₹27,344.10

3M India Ltd Dividend 2024 : Should 3M India Ltd be a part of your dividend portfolio?

3M India Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹30,818.60Cr. Its share price is ₹27,344.10 as on 22 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, 3M India Ltd gave ₹785 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Financial Services stocks do not always pay a dividend but as 3M India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, 3M India Ltd has declared dividend of ₹160 - translating a dividend yield of 2.87%.

Let's look at 3M India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

3M India Ltd’s revenue were ₹1,068.33Cr in the quarter ending June 2024. The revenue grew by 0.33% year on year basis since last quarter.
3M India Ltd’s profits were ₹157.15Cr in the quarter ending June 2024. The profits grew by 21.62% year on year basis since last quarter.
3M India Ltd’s dividend was ₹160 in the quarter ending March 2024.

3M India Ltd Dividend related ratios:

Last dividend date: 28/05/2024
Current Dividend Yield: 2.87%
Annual dividend payment: ₹785

History of 3M India Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
05/07/2024	CASH	₹160	28/05/2024	05/07/2024
05/07/2024	CASH	₹525	28/05/2024	05/07/2024
26/07/2023	CASH	₹100	30/05/2023	26/07/2023
21/11/2022	CASH	₹850	09/11/2022	22/11/2022