04-01-20: Opinion: 60 Large U.S. Companies Are ‘Susceptible To A Dividend Cut’
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 2 April 2020
⏱️ 48 minutes
🧾️ Download transcript
Summary
Investors who rely on income are already seeing companies reduce or eliminate dividend payouts as the coronavirus spreads.
Today's Stocks & Topics: ISM Report for March, Stock Market Recovery, Oil Prices, XOM - Exxon Mobil Corp., ERI - Eldorado Resorts Inc., COVID-19, KR - Kroger Co., JDST - Direxion Daily Junior Gold Miners Index Bear 3X Shares, AMRN - Amarin Corp. PLC ADR, ZM - Zoom Video Communications Inc., MUR - Murphy Oil Corp., PGR - Progressive Corp., Big Box Stores Stats, NVAX - Novavax Inc., WMT - Walmart Inc., TGT - Target Corp., Preferred Stocks.
TRIVIA QUESTION: "What was the ACTUAL price of OIL per barrel in 1870 when John D. Rockefeller founded Standard Oil of Ohio-- and what would that 1870 price equate to, for example, in 2009 inflation-adjusted dollars?"
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Wednesday April 1st, |
| 0:26.4 | 2020 and of course we had another very volatile down day today. I mean we're |
| 0:32.1 | talking about what 4% is 4% one day I think that's a record by the way for |
| 0:37.5 | beginning of a quarter that much being down it's just been very wild And today is the first day of the second quarter, okay? So, by the |
| 0:48.4 | way, we just completed the worst quarter since 2008, the last deep recession we had. |
| 0:54.0 | Worst course since 2008. |
| 0:56.0 | Back in December or early January, a statement like this was pretty much unthinkable |
| 1:01.0 | because the economy was so strong. Well the COVID-19 put it into that |
| 1:06.1 | has changed everything. The market has shown stream volatility of late and it |
| 1:12.0 | certainly is causing a lot of uncertainty this |
| 1:15.0 | coronavirus and that's why the market is so volatile this we've never |
| 1:20.7 | experiences investors have never experiences traders have never experienced us investors have never experienced. |
| 1:24.4 | They're not sure what's going to happen because this has never happened. |
| 1:27.8 | Never in the history have anybody at purposely shut down an economy and we're not sure if we can purposely restart it like |
| 1:36.6 | we did, you know, this is easy. I don't think it's going to be that easy. You know, a longer |
| 1:41.2 | we go, the more businesses are going to be out, out, you know, you kind of think of our business world as a, it's like a web, and you start snipping the web, meaning business going out of business, it affects other parts of the web. |
| 1:56.8 | You can't just shut things and start things up and think it's going to return to normal. It's not. I mean, yes, it will come back. I grant you all that, but there's going to be major changes. |
| 2:09.0 | So, as an investor, you need strategy to deal with all this volatility and that's what this show is about |
| 2:16.6 | How to prepare? What can we do to achieve that goal of financial freedom and of course that's one reason why you listen to the program, I'm sure. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.