At 3M, Lawsuits Threaten to Transform the Company

Analysts say dividend cut and heavier debt load loom amid potential settlement payments costing billions

3M pays a dividend that is the highest among the company’s industrial-conglomerate peers. Photo: Cfoto/Zuma Press

For more than a century, 3M introduced thousands of products ranging from water-resistant sandpaper to Scotch tape. Today, the company’s business also includes contending with tens of billions of dollars in potential liability costs.

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