Can This 128-Year-Old Bank Afford Its 6% Yield?

Here's what Safety Net says... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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View in browser SPONSORED AI Could Go Supernova in 3 Months There are three steps you need to take to protect and grow your money when America is threatened with mass unemployment. Yes, I want to read the free report. SAFETY NET Can Northwest Bancshares Afford Its 6% Yield? Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Northwest Bancshares (Nasdaq: NWBI) has been around since the Grover Cleveland administration, having been founded back in 1896. The bank has 139 branches and drive-through centers in Pennsylvania, Ohio, Indiana, and New York. Its stock, a small cap with a $1.7 billion market cap, sports a juicy 6% yield. For banks, our measure of cash flow is net interest income - the difference between the income earned by lending money and the cost to borrow the funds that are lent out. Northwest Bancshares has been steadily growing its net interest income for years. It generated $361 million in net interest income in 2020, $391 million in 2021, $421 million the following year, and $436 million last year. This year, the company is forecast to bring in $450 million in net interest income. 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!** In the meantime, it paid out only $102 million in dividends last year for a payout ratio of just 23%. It is expected to maintain the same payout ratio this year. Northwest Bancshares has paid a dividend since 2010, and it raised the payout every year from 2011 through 2021. It also paid a total of three special dividends from 2012 to 2014, including a big $1 per share payout in 2014. View larger image   So far, so good for the company's dividend safety... Do we have any reason to be concerned about a future cut? Find Out Here BUILD AND PROTECT YOUR WEALTH Here are Three Steps You Need to Take to Protect and Grow Your Money When America Is Threatened With Mass Unemployment. Watch This Before AI Goes Supernova. The Truth About the "Golden Rule" of Investing Get Marc's Top 5 Dividend Stocks (FREE PICKS) These Americans Don't Understand the Economy MORE FROM WEALTHY RETIREMENT The Best Way to Reduce Risk in Your Portfolio Intel: Bargain Buy or Value Trap? Is Diversification Really as Wise as It Seems? Perpetual Dividend Raisers: The Secret to Long-Term Wealth Creation Facebook LinkedIn Email Share Push Alert SPONSORED Multimillionaire Trader Reveals His #1 Gold Pick Wall Street veteran Karim Rahemtulla has identified a stock that offers exposure to more than 1 oz of gold - worth over $2,500 - for less than $20. Click here to learn more about this game-changing opportunity. 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 © 2024 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. 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