Is This 27% Yield Worth the Risk?

Is this shipping company's double-digit yield safe? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED WOAH! I've Never Seen Him Do This Before... The Oxford Club's Chief Income Strategist Marc Lichtenfeld is so confident that this $7 stock has the potential to AT LEAST double over the coming year... That today, he's gearing up to do a few things he has NEVER done before... For the first time in his 20-year career, he's going to tell you about a single investment he plans to personally invest thousands in... alongside YOU. To avoid any conflict of interest, he's going to give YOU a head start to get in... before he loads up on July 25. He's offering an IRONCLAD GUARANTEE to anyone who takes advantage of this opportunity. Get the full details here... SAFETY NET What Can We Expect From This Favorite of Income Investors? Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Dividend hunters have a love affair with Zim Integrated Shipping Services (NYSE: ZIM). The last dividend paid in April was $6.40 per share, which equaled a 27% yield. That wasn't an annual number... That was the yield on the actual quarterly dividend. So you can understand why income investors are infatuated with this stock. But then, as with most infatuations, reality sets in. That gorgeous girl you're obsessed with comes with a whole lot of baggage (see last week's Safety Net column for a real-life example). The car of your dreams that you just had to have needs a lot of repairs. And that 27% yielder stops paying a dividend. That's right. Zim didn't cut its dividend. It omitted it. SPONSORED Remember Overnight Drift? You're Still Not In... Don't ignore Overnight Drift! It's where all the biggest profits are (+1,700% over 30 years). Make your smart move now... Take me back to see how I can take advantage of Overnight Drift Zim's dividend is variable. The policy is to distribute 30% to 50% of net income to shareholders in dividends. In May, the company reported a net loss. No net income means no dividend. As you can imagine, omitting the dividend leaves a mark on the dividend safety rating. The shipping company is not projected to earn a quarterly profit again until the third quarter of next year. Interestingly, free cash flow is projected to be substantial in 2023, coming in at $1.4 billion. If that winds up being the case, Zim could easily afford a dividend. However, its policy is based on net income, not free cash flow, so I wouldn't count on it. How does a company lose money but generate millions or even over a billion dollars in free cash flow? REVEAL ZIM'S DIVIDEND SAFETY RECOMMENDED LINKS This Company Just Solved Europe's Energy Crisis... Wall Street Now Projects a Near 10-Fold Rise in 18 Months. "The Single Biggest Threat to Your Money Today" MORE FROM WEALTHY RETIREMENT The American Oil Boom Insider Buying: The Buy Signal for Monstrous Gains Is Meta Stock Still an Extreme Value? ET Stock's 9.6% Yield Comes With a Red Flag Facebook Twitter Email Share Push Alert SPONSORED Biggest $$$-Making Event in History? This might be the single most important event of your life. Oxford Club Chief Investment Strategist Alexander Green joins Bill O'Reilly to reveal perhaps the greatest moneymaking strategy this country has ever seen. Take advantage of this powerful, wealth-building technique the "political elites" don't want you to see! Join now. 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. 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