(Corrects to add dropped word "of" in paragraph 1)
Dec 17 3M Co, whose products include
Post-it notes and film for flat-panel televisions, said it
expects organic sales to rise by 3-6 percent excluding the
effect of foreign exchange in 2014.
The company also raised its dividend for the first quarter
by 35 percent to 85.5 cents per share.
3M forecast 2014 earnings of $7.30 to $7.55 per share.
Analysts on average expected $7.40 per share on revenue of
$32.63 billion, according to Thomson Reuters I/B/E/S.
The company expects to spend $17 billion-$22 billion on
share repurchases for 2013-17, compared with its previous
estimate of $7.5 billion-$15 billion.
The company's shares were up 2.6 percent at $131 before the
bell on Tuesday.
(Reporting by Sagarika Jaisinghani in Bangalore; Editing by