Aug 19, 2024, 12:00 AM
Aug 19, 2024, 12:00 AM

3M Declares $0.70 Dividend for Q3 2024

Highlights
  • The 3M Board of Directors announced a dividend of $0.70 per share for Q3 2024.
  • Other companies such as Halliburton were also mentioned in the report.
  • Investors can expect returns from 3M in the upcoming quarter.
Story

In a series of corporate announcements, Halliburton has declared a third-quarter dividend of $0.17 per share on its common stock, set to be paid on September 25, 2024. Shareholders of record must hold their shares by the close of business on September 4, 2024. This move reflects Halliburton's ongoing commitment to returning value to its investors. Avnet, a prominent global technology solutions provider, has also made headlines by increasing its share repurchase authorization to a total of $600 million. This decision was approved by the Board of Directors on August 15, 2024, signaling confidence in the company's financial health and future prospects. The dividend for Avnet will be distributed on September 25, 2024, to shareholders recorded by September 11, 2024. In another significant announcement, Estee Lauder plans to pay a quarterly dividend of $0.66 per share on its Class A and Class B common stock. This payment is scheduled for September 16, 2024, with shareholders needing to be on record by August 30, 2024. This reflects Estee Lauder's strategy to maintain shareholder engagement through consistent dividend payments. Lastly, Cboe Global Markets has authorized an additional $500 million for share repurchases and declared an increased quarterly cash dividend of $0.63 per share for the third quarter of 2024. These initiatives highlight the company's robust financial position and commitment to enhancing shareholder value.

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