<b>3M Faces PFAS Lawsuit Amid Dividend Sustainability Concerns

A federal judge in Connecticut has allowed firefighters to proceed with a lawsuit against over 20 companies, including 3M Co (NYSE: MMM), alleging exposure to harmful 'forever chemicals' (PFAS) in their protective gear.

The lawsuit marks a significant legal challenge tied to the long-standing concerns over PFAS, often called 'forever chemicals' due to their persistence in the environment and human body.

Despite recent declines in dividend growth by 21.2% over the past three years, 3M's dividend yield of 1.87% with a payout ratio of 35% suggests the payout remains sustainable.