The trust isn't quite there...

It will take a few years of consistent dividend payments before the Safety Net system is ready to trust Viatris. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED Biden Exec Order Means Permanent Dem Control? On March 9, 2022, President Biden quietly signed Executive Order 14067. This Order could pave the way for Democrats holding onto power in 2024. In fact, they could control America indefinitely. A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good. To protect your freedom and your wealth, see his dark warning now. SAFETY NET Should You Trust This Young Punk's 5% Yield? Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Viatris (Nasdaq: VTRS) sounds like a drug for men that you may see advertised during a football game or on Antiques Roadshow, but it's a company that does make pharmaceuticals for a variety of medical specialties, including oncology, respiration and women's healthcare, among others. Viatris pays a $0.12 per share quarterly dividend, which comes out to a 5.1% yield. Let's see if it's sustainable. Last year, Viatris' free cash flow was lower than it was in 2021 - but barely. In 2021, free cash flow totaled $2.556 billion. Last year, that figure came in at $2.546 billion, which means cash flow declined by 0.4%. So it's a rounding error, really. However, Safety Net errs on the side of being conservative. If free cash flow falls by as much as $1, Safety Net's spidey senses start tingling and it lowers the stock's dividend safety grade. The company was created by a merger of Mylan and Upjohn. The combined company has been paying a dividend since 2021. It raised it in 2022. But because the dividend-paying history is so short, the Safety Net algorithm doesn't trust the company yet. It's like even if the guy your daughter is dating brings her home by 11 on the first date, it doesn't mean a whole lot. It's going to take a while for this punk to earn your trust. As far as Safety Net is concerned, Viatris is that young punk. The good news is Viatris did bring your daughter home on time and was very polite with a respectable 23% payout ratio (forecast to dip to 21%). That means the company paid out only 23% of its free cash flow in dividends. SPONSORED This Car Puts Tesla to Shame Inc. magazine calls THIS NEW EV Tesla's worst nightmare. It puts Tesla's flagship Model S to shame, featuring... The ONLY battery with a range of 500 miles on a single charge A powerful 1,080-horsepower engine An ultra-fast zero-to-60 time of under three seconds. If you love investing in disruptive new companies... Check out this EV's stock - you can get in for just $10. And while free cash flow dipped ever so slightly, this year it is projected to grow to its highest level since the two companies first hooked up. Should the company's 2023 free cash flow exceed last year's total, the dividend safety will be upgraded. But it will take a few more years of consistent dividend payments before Safety Net is ready to welcome Viatris into the family of "A"-rated stocks. Viatris doesn't appear to be in any imminent danger of cutting the dividend. The lower dividend safety rating is due to the lack of track record and the minor decline in free cash flow last year. I am not especially worried and expect an upgrade in 2023. Dividend Safety Rating: C If you have a stock whose dividend safety rating you'd like me to look at, leave the ticker symbol in the comments section. Also, be sure to search the Wealthy Retirement website to see whether I've written about your favorite stock recently. Good investing, Marc Leave a Comment RECOMMENDED LINKS We've Gone From an Income Desert to an Income OASIS... Stock Legend Takes Down Biden Economy in Epic Video MORE FROM WEALTHY RETIREMENT How to Prepare Your Money for Recession 2023 Is Netflix Stock a "Buy"? Most Investment Systems Won't Work... but This Will This 6.7% Yield Isn't as Safe as It Used to Be Facebook Twitter Email Share Push Alert SPONSORED America's Reckoning (Seniors Devastated) If you thought things were bad now... the worst may still be ahead. The average investor could take DECADES to recover from America's Reckoning. Don't wait to prepare... Move Your Cash Before June 2 to THIS $3 Asset (NOT Gold... Commodities... or Bonds) 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 © 2023 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 1.800.589.3430 | International: +1.443.353.4334 | Fax: 1.410.329.1923 Oxfordclub.com Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.