Safety Net's performance was almost perfect in 2024 too! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

Loyal reader since June 2022

View in browser SPONSORED Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move He started from nothing and became a multimillionaire... He's now one of the most sought-after trading experts... Yet he operates 858 miles from Wall Street. And now, he's revealing his No. 1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker. SEE THE PROOF HERE SAFETY NET A 10% Yield That's Almost Perfect Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Starwood Property Trust (NYSE: STWD) is a mortgage real estate investment trust, or REIT, that has been publicly traded for 15 years. Its $26 billion portfolio consists of loans to both commercial and residential borrowers. The company has paid a $0.48 per share quarterly dividend since 2014, which comes out to a 10% yield on the stock's current price. Can shareholders expect to continue receiving $0.48 per share each quarter? Starwood Property Trust uses a metric it calls "distributable earnings" to measure its cash flow. In 2023, distributable earnings fell nearly 9% from $726 million to $663 million. When Starwood releases its full-year results in February, distributable earnings are expected to be $677 million. View larger image   Because 2023's $663 million was below the prior year's figure, the stock's dividend safety rating gets a one-point penalty. If 2024's total comes in at less than $663 million, that downgrade will remain in effect. SPONSORED Amazon's $794M Bombshell: Nvidia's Secret Partner Revealed Amazon has quietly poured $144 million into a secretive AI chip company, and committed to buying a staggering $650 million of their product. Why? Because this obscure startup holds the key to unleashing the full potential of Nvidia's revolutionary Blackwell chip. Discover the company at the heart of the AI arms race. In 2023, Starwood paid $601 million in dividends for a 91% payout ratio. The total dividend payout is forecast to inch up to $610 million in 2024, but with distributable earnings also projected to rise, the payout ratio would actually drop to 90%. With mortgage REITs, I'm comfortable with payout ratios of 100% or lower, as REITs must pay out 90% of their earnings. (Distributable earnings aren't the same as regular earnings, as distributable earnings factor out noncash items.) Since REITs have that higher requirement and typically aim to provide the most income possible to investors, a 100% payout ratio is reasonable. If it goes above 100%, it's a problem. But up to 100% is fine as long as distributable earnings - or whatever cash flow metric the company uses - aren't expected to fall. So Starwood's payout ratio is in good shape for now... but how concerned should we be moving forward? Click the button below to find out Starwood's grade. As a bonus, you'll also be able to see how Safety Net performed in 2024, including the number of dividend raises, the number of dividend cuts, and the average change in the dividend for each grade. Finish Reading Here! BUILD AND PROTECT YOUR WEALTH Buy These Stocks BEFORE President Trump Returns to the Oval Office How to Profit From the New Deregulation Agenda Get Marc's Top 5 Dividend Stocks (FREE PICKS) Why Trump's Policies Should Drive Stocks Higher in 2025 MORE FROM WEALTHY RETIREMENT Invest Like a Man Energy: The "Very Obvious" Trend That Could Define 2025 Where the Value Will Be Found in 2025 (Almost) Everything That Happened in the Markets in 2024 Facebook LinkedIn Email Share Push Alert SPONSORED Yours Free! Top FIVE Dividend Stocks Right Now Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... completely free of charge! You'll discover... An "A"-rated, ultra-safe dividend stock with a huge 8% yield Three of Marc's favorite "Extreme Dividend" stocks, which could supercharge your income And finally, Marc's No. 1 dividend stock for a LIFETIME of income. Click here to get the names and ticker symbols now... before the download link expires. **NO CREDIT CARD REQUIRED!** You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. Privacy Policy | Whitelist Wealthy Retirement | Unsubscribe © 2025 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 877.808.9795 | International: +1.443.353.4621 Oxfordclub.com Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.