Gotta Love a 12.7% Yield...

It's not too often that you find a small cap stock with a high yield. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED 20 Times BIGGER Than the '90s Internet Boom! Wall Street thinks it "will be worth trillions." J.P. Morgan expects it to "infiltrate every sector." And BlackRock compares it to "the smartphone of the early 2000s." Click here to see why the world's top investors are getting into XRI, the most important tech revolution of the 2020s. SAFETY NET A Small Cap With a 12.7% Yield Marc Lichtenfeld, Chief Income Strategist, The Oxford Club It's not too often that you find a small cap stock with a high yield. But that's what we have with The Necessity Retail REIT (Nasdaq: RTL), which calls itself "the preeminent real estate investment trust (REIT) focused [on] where America shops." The New York City-based company has 1,057 properties across 48 states, including Lafayette Pavilions in Lafayette, Indiana; Wallace Commons in Salisbury, North Carolina; and Golf Road Center in Schaumburg, Illinois. There's nothing like a fat double-digit yield to excite income investors. But can shareholders expect Necessity Retail to continue to pay such an attractive dividend? Let's look at the numbers. SPONSORED Bonner's "4th and Final Prediction" First 3 came true, will this too? One of America's most successful entrepreneurs goes public with "4th and Final Prediction." His first three all came true - will this one too? Click here for details. To determine dividend safety in REITs, we look at a measure of cash flow called funds from operations, or FFO. Wall Street expects to see a big jump in FFO when the company releases its full-year figures for 2022, which it should do around the same time you're reading this email. Analysts expect FFO to rise from $95.3 million to $128.2 million. In 2023, FFO is forecast to rise to $135.6 million. Assuming the company pays $114.3 million in dividends (as expected), the payout ratio will be 89%. If the dividend stays the same next year, based on the company's 2023 estimates, the payout ratio would drop to 84%. For a REIT, anything below 100% is good. REITs must pay out at least 90% of their earnings in dividends. FFO is not the same as earnings, but because of this rule, REITs often pay out most of their FFO in dividends as well. Necessity Retail REIT began paying a dividend in 2018. Unfortunately, the company cut the dividend in 2020 and has not raised it since then. The current dividend is $0.2125 per quarter, which comes out to 12.7% annually. We never like to see a dividend cut. That's an automatic downgrade. But considering how solid the financials look, the dividend appears fairly safe. Dividend Safety Rating: B If you have a stock whose dividend you'd like me to analyze, leave the ticker symbol in the comments section. Be sure to check whether I've written about your favorite stock recently. Click on the word "Search" in the top right part of the website homepage, type in the company name and hit enter. Good investing, Marc Leave a Comment RECOMMENDED LINKS Hint: This Could Open Up LIMITLESS Profit Potential. Check Out the Video. 5G Stock CRUSHES Earnings!! MORE FROM WEALTHY RETIREMENT 3 Ways to Prepare for Any Financial Storm The Chinese Spy Balloon Is Just the Beginning Buy This Developer's Stock for $0.50 on the Dollar This Simple Chart Pattern Delivered Same-Day Triple-Digit Gains Facebook Twitter Email Share Push Alert SPONSORED URGENT: Safe Stocks Help Rescue Americans From Market Storm Almost everyone is getting PUMMELED by this market... almost everyone. One group of stocks has "generated returns of almost 30% so far this year," according to Financial Times and Bloomberg. (Hint: It's not gold or energy stocks.) Click here to get all the details. 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. 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