Safety Net's performance was almost perfect in 2024 too! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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View in browser SPONSORED Backdoor Gold Play Gold is already over $2,500 an ounce, but one hidden play gives you a stake in more than 1 oz for less than $20. Click here for urgent details on this backdoor gold play. SAFETY NET A 10% Yield That's Almost Perfect Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Starwood Property Trust (NYSE: STWD) is a mortgage real estate investment trust, or REIT, that has been publicly traded for 15 years. Its $26 billion portfolio consists of loans to both commercial and residential borrowers. The company has paid a $0.48 per share quarterly dividend since 2014, which comes out to a 10% yield on the stock's current price. Can shareholders expect to continue receiving $0.48 per share each quarter? Starwood Property Trust uses a metric it calls "distributable earnings" to measure its cash flow. In 2023, distributable earnings fell nearly 9% from $726 million to $663 million. When Starwood releases its full-year results in February, distributable earnings are expected to be $677 million. View larger image   Because 2023's $663 million was below the prior year's figure, the stock's dividend safety rating gets a one-point penalty. If 2024's total comes in at less than $663 million, that downgrade will remain in effect. SPONSORED Amazon's $794M Bombshell: Nvidia's Secret Partner Revealed Amazon has quietly poured $144 million into a secretive AI chip company, and committed to buying a staggering $650 million of their product. Why? Because this obscure startup holds the key to unleashing the full potential of Nvidia's revolutionary Blackwell chip. Discover the company at the heart of the AI arms race. In 2023, Starwood paid $601 million in dividends for a 91% payout ratio. The total dividend payout is forecast to inch up to $610 million in 2024, but with distributable earnings also projected to rise, the payout ratio would actually drop to 90%. With mortgage REITs, I'm comfortable with payout ratios of 100% or lower, as REITs must pay out 90% of their earnings. (Distributable earnings aren't the same as regular earnings, as distributable earnings factor out noncash items.) Since REITs have that higher requirement and typically aim to provide the most income possible to investors, a 100% payout ratio is reasonable. If it goes above 100%, it's a problem. But up to 100% is fine as long as distributable earnings - or whatever cash flow metric the company uses - aren't expected to fall. So Starwood's payout ratio is in good shape for now... but how concerned should we be moving forward? Click the button below to find out Starwood's grade. As a bonus, you'll also be able to see how Safety Net performed in 2024, including the number of dividend raises, the number of dividend cuts, and the average change in the dividend for each grade. Finish Reading Here! BUILD AND PROTECT YOUR WEALTH New IPO Signs MAJOR Deal with Apple Until 2040. Will It Be the Next Trillion Dollar Company? How to Profit From the New Deregulation Agenda Buy These Stocks BEFORE President Trump Returns to the Oval Office Why Trump's Policies Should Drive Stocks Higher in 2025 MORE FROM WEALTHY RETIREMENT Invest Like a Man Energy: The "Very Obvious" Trend That Could Define 2025 Where the Value Will Be Found in 2025 (Almost) Everything That Happened in the Markets in 2024 Facebook LinkedIn Email Share Push Alert SPONSORED Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move He started from nothing and became a multimillionaire... He's now one of the most sought-after trading experts... Yet he operates 858 miles from Wall Street. And now, he's revealing his No. 1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker. SEE THE PROOF HERE You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. 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