The Dow Jones Industrial Average hit an all-time high of 29,551.42 on Feb. 12. Investors continued to pile into stocks despite excessive valuations and global fears of the coronavirus - an outbreak that has already made SARS relatively tame by comparison.The worst, investors thought, was over. The number of new cases had plateaued. Then news surfaced Feb. 24 that cases of coronavirus were surging outside China. The Dow lost 14% of its value over the next five days of trading, closing at 25.409.36. The Dow has continued to log massive price swings since then.Volatility is back, and investors seeking shelter from this storm might be interested in owning dividend stocks to ride it out. That's a good idea, but remember: Dividend-paying companies are not all the same.The DIVCON system from exchange-traded fund provider Reality Shares is helpful in an environment like this when quality is essential. DIVCON's methodology uses a five-tier rating to provide a snapshot of companies' dividend health, where DIVCON 5 indicates the highest probability for a dividend increase, and DIVCON 1 the highest probability for a dividend cut. And within each of these ratings is a composite score determined by cash flow, earnings, stock buybacks and other vital factors.If dividend safety is your focus, you want to own DIVCON 5 stocks because they are the crème de la crème of dividend safety - and more likely to keep the dividend increases. The lower the score, the more cautious you should be.Here are seven dividend stocks to sell or stay away from based on low DIVCON ratings over the past couple of months. While the fundamentals behind the scores are hardly death sentences, these stocks are best avoided or sold so you can put your money to work in more resilient opportunities. SEE ALSO: 64 Dividend Stocks You Can Count On in 2020
HRG (SPB) delivered earnings and revenue surprises of 175.76% and 7.94%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Spectrum Brands, Inc. New York, March 09, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Spectrum Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Spectrum Brands Holdings Reports Fiscal 2020 Second Quarter Results
Q2 2020 Spectrum Brands Holdings Inc Earnings Call
Cutter® Brand Announces Donation to Non-Profit Organization New York City Relief
Leading pet care products supplier Spectrum Brands Global Pet Care, a division of Spectrum Brands Holdings, Inc. (NYSE: SPB; "Spectrum Brands"), has announced a $30,000 donation to clean-water initiative Well Aware in its efforts to combat COVID-19 in East African communities struggling to contain the virus. The funds will support Well Aware's efforts to provide life-saving educational materials and mobile support in the highly vulnerable regions the group serves.
Shares of Spectrum Brands Holdings (NYSE:SPB) rose 5% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share rose 250.00% over the past year to $0.91, which beat the estimate of $0.42.Revenue of $937,800,000 higher by 3.43% year over year, which beat the estimate of $875,250,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Apr 30, 2020View more earnings on SPBTime: 11:02 AM ETWebcast URL: https://edge.media-server.com/mmc/p/dxv743ogTechnicals 52-week high: $66.5052-week low: $19.59Price action over last quarter: down 25.86%Company Description Spectrum Brands Holdings Inc is a consumer product company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, plumbing, shaving and grooming products, and personal care products. The company manages the businesses in product-focused segments; Hardware & Home Improvement, Home and Personal Care, Global Pet Supplies, and Home and Garden. It offers brands including Varta, Kwikset, Weiser, Baldwin, National Hardware, Pfister, Remington, George Foreman, and Russell Hobbs.See more from Benzinga * Recap: Six Flags Entertainment Q1 Earnings * Consolidated Communications: Q1 Earnings Insights * Recap: TriMas Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
With a concerning amount of debt to manage and a restructuring to complete, this consumer products company could be a risky investment.
SPB earnings call for the period ending March 31, 2020.
Spectrum Brands Holdings to Present at RBC Capital Markets Global Consumer and Retail Virtual Conference
Cutter® Insect Repellents Starts Producing and Donating Hand Sanitizer to Help During COVID-19 Crisis.
Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.42 Per Share
It's not possible to invest over long periods without making some bad investments. But you want to avoid the really...
Spectrum Brands Pet, LLC, an indirect subsidiary of Spectrum Brands Holdings, Inc. (NYSE: SPB; "Spectrum Brands"), a leading global branded consumer products company committed to delivering strong brands and exciting innovation, announces the acquisition of substantially all of the assets of Omega Sea LLC to add to its Global Pet Care portfolio of aquatics brands.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Spectrum Brands Holdings to Report Fiscal 2020 Second Quarter Financial Results and Hold Conference Call and Webcast on April 30, 2020
Kwikset®, the 1 selling residential U.S. lock brand, is proud to continue its partnership with the announcement of an expanded line of products inclusive of Microban® SilverShield® technology, available to all consumers. Kwikset has been the exclusive residential lock partner of Microban®, the global leader in built-in antimicrobial protection, for the past four years, improving the standard for door hardware. First announced at International Builders’ Show (IBS) 2016, Kwikset was the first residential lock manufacturer to offer door hardware with Microban antimicrobial product protection. The industry-first innovation is available on select Kwikset products and finishes to help inhibit the growth of bacteria on frequently touched door hardware surfaces in the home, offering a lifetime of security.
Spectrum Brands' (SPB) Q2 results are likely to have benefited from the Global Productivity Improvement Plan and a robust brand portfolio. However, soft margins and currency headwinds are concerning.
HRG (SPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.