It's Hard to Trust This 9.6% Yielder

It's real difficult to shake off a reputation as a dividend cutter...‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED $10 Stock Creates 3D-Printed Rollable Smartphones?? Apple is reportedly collaborating with the company on a $330 million facility to add its tech to the iPhone and iPad. See why this $10 company could be the "Ultimate Growth Stock." SAFETY NET A 9.6% Yielder Likely to Cut Again Marc Lichtenfeld, Chief Income Strategist, The Oxford Club It's been awhile since I last covered MFA Financial (NYSE: MFA). Back in July 2019, I said there wasn't much to like about the prospects of the company's $0.20 per share quarterly dividend. I rated it an "F," expecting a dividend cut in the near future due to falling net interest income and recent dividend cuts. Less than a year later, MFA Financial eliminated its dividend entirely. The mortgage real estate investment trust (REIT) reinstated the dividend in September of 2020 at $0.05 per share - 75% below where it had been in 2019. Since then, MFA Financial has raised the dividend three times to where it currently stands at $0.11 per share, which is still 45% below the 2019 level. Can the company maintain even that lower payout? SPONSORED Top 4 Stocks to BUY NOW Former Fox News host Bill O'Reilly and stock-picking legend Alexander Green investigate. Don't put another dime in the markets until you watch this. In 2021, net interest income, the measure of cash flow we use for mortgage REITs, is expected to come in at $204.2 million. MFA Financial is forecast to have paid out $169.8 million in dividends for a payout ratio of 83%, which is fine for a REIT. However, excluding 2020, net interest income is at its lowest level since the mortgage meltdown in 2008. So we have a company that can't get its net interest income moving in the right direction. MFA Financial also has a history that includes not only cutting the dividend but eliminating it entirely less than a year and a half ago. Unless net interest income starts moving in the right direction, expect another dividend cut in the not-too-distant future. Dividend Safety Rating: F If you have a stock whose dividend safety you'd like analyzed, leave the ticker in the comments section. You can also check to see whether I've written about your favorite stock recently. Just click on the magnifying glass in the upper right corner of the Wealthy Retirement homepage and type the company name in the box. Good investing, Marc Leave a Comment TYPE A COMPANY'S NAME BELOW   MORE FROM WEALTHY RETIREMENT Smart Investors Pay Attention to Insider Buying Three High-Yielding Dividend Stocks With Insider Buying A Beginner's Guide to Understanding Stock Charts Investors Who Succeed Stay Rational Facebook Twitter Email Share Push Alert SPONSORED Look at What Obama Is Up to Now! On March 16, 2022, Obama will get his last laugh. That's when a group of his hand-picked cronies may single-handedly bring this market to a sudden and destructive end. To continue reading, click here. 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 © 2022 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 1.800.589.3430 | International: +1.443.353.4334 | Fax: 1.410.329.1923 Oxfordclub.com The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publications prior to following an initial 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, 105 W. Monument Street, Baltimore MD 21201.