(Bloomberg) -- 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsThese Six Cities Are Emerging as New Expat Hot SpotsAmerica’s $7 Trillion Retirement
After a period of six years, you could expect a $10,000 investment in this basket of dividend stocks to earn at least $2,000 in passive dividend income.
Right now, 3M (NYSE: MMM) and Stanley Black & Decker (NYSE: SWK) are both trading with historically high yields, suggesting they are cheaply priced. Stanley Black & Decker's yield is around 3.3% today. 3M's dividend yield is roughly 4%.