Is its dividend at risk? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

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View in browser SPONSORED Author of Get Rich with Dividends Is Giving Away His Free AI Income Playbook! Click Here to Get Marc Lichtenfeld's Free AI Income Playbook... Including Details on a double-digit income play, the best AI income trust, and Marc's No. 1 AI dividend stock... and Much, Much More. For Free. SAFETY NET Problems Lurk for this 13.7% Yielder Marc Lichtenfeld, Chief Income Strategist, The Oxford Club We last looked at Ares Commercial Real Estate (Nasdaq: ACRE) nearly two years ago. At that time, its 12% dividend yield received an "A" rating for dividend safety. This was one of the rare times The Safety Net got an "A" rating wrong. But to be fair, the blame lies more with Ares Commercial Real Estate execution than with the Safety Net model. One of the key variables that Safety Net considers is the Wall Street consensus estimate for cash flow or, in Ares' case, net interest income (NII). In January 2023, Wall Street expected Ares' 2022 net interest income total to come in at $100 and climb to $110 million in 2023. In 2023, NII reached only $89 million - 19% lower than analysts' consensus estimate. Not surprisingly, the stock performed horribly. View larger image   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 January 2024, Ares reduced its quarterly dividend to $0.25 per share, from $0.33. It was the first time the company lowered the dividend since it began paying one in 2012. Ares Commercial Real Estate has $2 billion in outstanding loans across 40 properties. Office space makes up the largest percentage of loans at 36%, followed by multifamily housing at 24% and industrial properties at 13%. The Mid-Atlantic Northeast is its largest geography with 36% of outstanding loans, followed by the Southeast at 24% and Midwest at 21%. This year, Ares is forecast to increase NII, but barely, to $93 million, just $4 million ahead of last year's total. However, this isn't the first time Ares' NII is forecast to grow... (The previous forecast was about as accurate as a political pollster.) Can the company deliver this time? If so, is Ares' dividend safe for now? Get My Safety Net Grade Here BUILD AND PROTECT YOUR WEALTH Top SIX AI Dividend Stocks Right Now The True Driver of Stock Prices Gold at $2,500/Oz, but This Investment Gives You More for Just $20. How? How to Save Thousands In 2024 Taxes - Twice! MORE FROM WEALTHY RETIREMENT The "Real" Cost of a Thanksgiving Meal The Value Meter: Using Common Sense to Find Bargain Stocks Giving Thanks and Giving Back Hercules Capital: Is Its 10% Yield as Strong as It Looks? Facebook LinkedIn Email Share Push Alert SPONSORED "I only buy WINNERS..." His "ONE STOCK" strategy could have led to top gains of 141%, 333% and even a rarely seen 2,614% in under 11 days! This legendary trader (he turned $37K into $2.7 MILLION in just four years) reveals the shocking secret to focusing ONLY on one stock... Click Here ASAP (His Next One Ticker Payout Goes Live Monday, December 2!) 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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