NWLNewell Brands Inc.Stock — Consumer Defensive
Yield
5.04%
$0.28 indicated at $5.56
Dividend
$0.07/qtr
Paid Sep 15, 2026; flat since the May 2023 cut from $0.23
Payout ratio
n/a
Negative trailing EPS; ~14% of cash flow per MarketBeat
Pays
Quarterly
Cut $0.23 → $0.07 in May 2023 (−70%)
House verdict
Ordinary cash, still paid — but a 70% cut sits in recent memory. A $0.07 quarterly dividend, flat since the May 2023 cut from $0.23 — a 70% reset that still defines the story. Trailing earnings are negative, so the payout is not meaningful on earnings, but the dividend is only ~14% of cash flow, and the payment arrived on schedule in September 2026.
Key risk: The 2023 cut is the precedent — a consumer-goods downturn could test the $0.07 rate again.
Changes if: Cash-flow coverage rises past ~50%, or the rate is cut again.
- ✓Cash-flow cover ~14% of cash flow, per MarketBeat.
- ✕Earnings coverage Negative trailing EPS — payout not meaningful.
- !Cut history $0.23 → $0.07 in May 2023, flat since.
What this grade doesn't say: It screens the dividend only — covered, real, compounding. It says nothing about valuation or price: a well-covered payer can still be overpriced, and its price can still fall.