Latest Quality Score and Dividend Safety Ranking Changes due to Covid-19 Crisis

The following companies have recently had their Simply Safe Dividends ranking downgraded, which; in turn has lowered each companies overall quality score listed on our site (where 25 points is the highest score).

Downgrades

JPM 79 to 60 (Safe to Borderline); Quality Score changed from 22 to 21
WFC 79 to 55 (Safe to Borderline); Quality Score changed from 20 to 19
HAS 67 to 55 (Safe to Borderline); Quality Score changed from 19 to 18
SPG 65 to 20 (Safe to Very Unsafe); Quality Score changed from 20 to 16
CVX 85 to 60 (Very Safe to Borderline); Quality Score changed from 24 to 22
NNN 95 to 70 (Very Safe to Safe); Quality Score changed from 13 to 12
SYY 92 to 55 (Very Safe to Borderline); Quality Score changed from 22 to 20
TJX 86 to 60 (Very Safe to Borderline); Quality Score changed from 24 to 22
BAC 89 to 55 (Very Safe to Borderline); Quality Score changed from 18 to 16
CBRL 76 to 40 (Safe to Unsafe); Quality Score changed from 19 to 15
VLO 62 to 50 (Safe to Borderline); Quality Score changed from 19 to 18

On the good news front the following companies were recently evaluated by Simply Safe Dividends for possible dividend ranking downgrades, but were found holding their ground with no change to their safety scores.

Holding Ground

MMP 61
PAYX 61
VFC 60
MCD 77
MAIN 62
LOW 93
D 75
VTR 50

Filed in: Dividend Growth Investing