Over 100 Years of Dividend-Paying Excellence🎖️

This blue chip dividend stock has never reduced its dividend in more than 100 years of paying one. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED Is It Crazy to Want a CAREFREE Retirement... With MORE Income Gushing From Your Pockets... Month After Month? Bestselling Financial Author and World-Famous Income Expert Will Show You How... Watch This FREE Video Now. SAFETY NET Cash Flow Is Gushing for This Blue Chip Dividend Stock Marc Lichtenfeld, Chief Income Strategist, The Oxford Club 2019 and 2020 were not good for Exxon Mobil (NYSE: XOM)... or the rest of the oil industry. Oil prices plummeted, famously turning negative for a brief moment. As a result, oil companies' free cash flow evaporated. Exxon's free cash flow fell by two-thirds in 2019 and was a horrific negative $2.6 billion in 2020. However, oil prices have since reversed and Exxon's free cash flow has rebounded strongly. This year, Exxon's free cash flow is projected to slip to $44.4 billion, a marked decline from last year's $58.4 billion but still sharply above the 2021 total. Importantly, the company paid $14.9 billion in dividends in 2022, for a payout ratio of just 26%. This year, based on the $44.4 billion in predicted free cash flow, the payout ratio is estimated to be just 34%. While that is a meaningful jump from last year's, it remains well within my comfort level. I like to see companies pay 75% or less of their free cash flow in dividends. SPONSORED RETIREMENT ALERT US Debt now over $30 Trillion! Discover the IRS loophole that can protect your life's savings before it's too late. GET FREE KIT NOW. Four Decades and Counting Exxon's current quarterly dividend is $0.91 per share, giving it a 3.2% yield. It has raised its dividend every year for 40 years. It has never cut its dividend since it began paying one in 1911. How's that for an impressive dividend-paying history? Despite free cash flow that is forecast to decline this year, considering Exxon has never reduced its dividend in more than 100 years of paying one and free cash flow will easily cover the dividend, there is very little chance Exxon will cut its dividend in the near future. Dividend Safety Rating: A If you have a stock whose dividend safety you'd like me to analyze, leave the ticker symbol in the comments section. Also, be sure to see whether I've written about your favorite stock recently. Just click on "Search" at the top right part of the page, type the name of the company and hit enter. Good investing, Marc Leave a Comment RECOMMENDED LINKS Starting February 3, we could find ourselves in the worst financial crisis in 50 years. Are you prepared? Click here for urgent briefing. Calling All Investors Who Are TIRED of Stocks: Try This Instead MORE FROM WEALTHY RETIREMENT Recession Coming? Don't Be Scared Out of the Markets How to Make Money in the "Casino" of the Stock Market Pool Corp. Makes a Splash Simon Says This Dividend Could Be in Trouble Facebook Twitter Email Share Push Alert SPONSORED Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin   Source: Wikimedia Commons   Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets. A market expert breaks down the opportunity 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. 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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