Dow has undergone many changes over the past 125 years. The current version of Dow has paid a dividend since 2019. But is the dividend safe? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED August 7: Whitney Tilson's Chilling New Prediction A strange new twist is coming to the markets... in a bizarre new way that could bankrupt certain companies... and could create millionaires on just a single investment. Learn more. SAFETY NET Does a 125-Year History Make This 5% Yield Safe? Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Dow Inc. (NYSE: DOW) traces its roots back to 1897. Today, the company generates more than $57 billion in sales per year, has nearly 38,000 employees worldwide and manufactures in 31 countries. It makes a wide variety of products, ranging from additives and modifiers used in skin care, paints and paper to polymers used in wires, cables and packaging. Over the past century and a quarter, the company has undergone many changes - acquisitions, spinoffs and consolidations. The current version of Dow has paid a dividend since 2019. It has remained the same at $0.70 per share each quarter, which comes out to a 5% yield. The question is this: Is the dividend safe? Let's find out. SPONSORED ***UPGRADED: Our "Last Great Value Stock" Trading "for Just Pennies" A new blockbuster report by The Motley Fool featured what we've been calling "The Last Great Value Stock." Fool's Christopher Ruane wrote, "Shares look quite cheap at the moment. After all, they're in penny stock territory... they offer good value - and I have been buying them for my portfolio because of that." InvestingCube says, "Share price is a bargain." And Zacks Investment Research just upgraded the stock. So what is this cheap, bargain-priced, upgraded stock? >>> Get the urgent details here before the price surges higher. Free cash flow has been a bit inconsistent over the past few years. This year, free cash flow is forecast to drop to $3 billion from $5.5 billion as earnings per share fall from $4.88 in 2022 to $2.32 and revenue declines nearly 22%. Dow pays $2 billion in dividends, so the projected payout ratio is a comfortable 67%. As a result of the deteriorating free cash flow and the limited dividend history, it's hard to declare the dividend safe. Should cash flow decay more than expected, there's a reasonable chance that the dividend will have to be cut. Dividend Safety Rating: C If you have a stock whose dividend safety you'd like me to analyze, leave the ticker symbol in the comments section. And be sure to check to see if I've written about your favorite stock recently. Just click on the word "Search" on the upper right part of the Wealthy Retirement homepage, type in the name of the company and hit "Enter." Good investing, Marc Leave a Comment RECOMMENDED LINKS Have You Heard of the Bargain in Today's Market? Don't Miss Out! Expert Predicts Gold, Oil, Copper About to Soar Higher... Discover Why We're in a New Commodities Supercycle Right Here. MORE FROM WEALTHY RETIREMENT Don't Make THIS Critical Investing Error Invest in Small Caps in 2023 Is Synchrony Financial Trading at an Attractive Price? Why You Should Invest in Homebuilders Now Facebook Twitter Email Share Push Alert SPONSORED Forget Fusion... This REAL Nuclear Breakthrough Could Mean 10X Gains A real nuclear miracle is about to take Wall Street by surprise... Because an energy breakthrough could 10X this $3 stock over five years. After a key August announcement... you may miss your chance at a piece of the action. Get the Details Here (Before You're Too Late!) 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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