A Semiconductor Superstar With a Safe Dividend

Here's what Safety Net says... [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED Could Elon Musk's New Project be worth trillions of dollars? Elon Musk has predicted that his new venture["X-9840" could be "a multi trillion dollar company..."]( As big as Microsoft... Apple... and Nvidia... Companies gave their early investors a chance to become millionaires over the long term, starting with just $1,000. [Click here to see the details]( because this has nothing to do with electric vehicles... self-driving cars, rockets, brain chips or satellites. Editor's Note: Today, I'm very excited to be able to share with you a brand-new opportunity from Chief Income Strategist Marc Lichtenfeld: his [Free AI Income Playbook](. The playbook features three ways investors could potentially [pocket steady, reliable income from the AI revolution](. It includes the must-know details (including the names and tickers) for Marc's #1 AI Dividend Stock... a company he calls the "AI Income Trust"... and a double-digit AI dividend play. Marc's Free AI Income Playbook could be sitting in your inbox in a matter of minutes... and it won't cost you a dime. There's absolutely zero risk to you, so I hope you'll give it a chance. [Click here to claim your free copy.]( - James Ogletree, Managing Editor [SAFETY NET]( [A Semiconductor Superstar With a Safe Dividend]( [John Oravec, Research Analyst, The Oxford Club]( [John Oravec]( This week's Safety Net stock is one of Chief Income Strategist Marc Lichtenfeld's all-time favorites. Broadcom (Nasdaq: AVGO) is a tech company that's primarily focused on semiconductor solutions, including wireless chips used in smartphones and wired infrastructure used in telecom and data centers. The company has been at the forefront of the discussion as a pick-and-shovel play for the market's most recent darling: artificial intelligence. The smarter AI gets, the more powerful and efficient semiconductors will need to be. That's where Broadcom will step in to provide its products and expertise. Marc's love for Broadcom is justified, as the stock has gained over 1,000 points since he recommended the stock to readers back in 2020. Add the dividend (which currently yields 1.4%) and the fact that Broadcom typically raises it every year, and you can see why Marc likes the stock so much. He's just returned from a well-deserved vacation, so you get me instead for the second week in a row. (I'm sure you all are absolutely thrilled!) While he's out and I've been given the reins, let's see whether Broadcom's dividend is safe or in danger of being cut in the near future. First, as always, let's look at Broadcom's free cash flow. It's easy to see that Broadcom has a hefty piggy bank saved up to back up its dividend. Since 2020, Broadcom has grown its free cash flow every year, and it's projected to do the same this year. All in all, by the end of 2024, free cash flow is expected to have nearly doubled over the past four years. [Chart: Broadcom Continuing to Show Excellent Growth]( [View larger image]( On top of that, Broadcom is continuing to pay an affordable dividend. Last year, it brought in $17.6 billion in free cash flow and paid out $7.7 billion in dividends for a payout ratio of just 43.4%. That's well below our 75% standard. This year, the company is expected to pay out $8.6 billion in dividends, and free cash flow should leap to over $22.7 billion. That would push the payout ratio even lower to 37.8%. SPONSORED [Putin's Spiteful Behavior Could Make Americans Rich??]( [Putin's Spiteful Behavior]( Source: [www.kremlin.ru]( One company is already generating record profits. In fact, Wall Street projects one $30 stock will rise to $280 in just 18 months... all thanks to a HUGE mistake by Russia's president. [Here's what you need to know...]( Finally, if that wasn't enough, the company has increased its dividend every year for the past decade, which is always an extra boon. Thousands of you participated in our "Safety Net poll" last week when I asked you to share your grade for Franklin Templeton (NYSE: BEN), and 35% of you agreed with my grade of "C." Let's keep it going this week... Based on what we've discussed today, what grade would you give Broadcom's dividend? (After you click on your grade, you'll be able to see mine on the next page.) [A]( [B]( [C]( [D]( [F]( [Dividend Grade Guide]( 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 Key to Market Outperformance]( [Former CBOE Trading Legend Showed Members 246% Total Gains While the S&P Was Down 20% During the COVID Crash. Now He's Hosting a Free Class Revealing the Answer to Big Wins. 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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!** [The Oxford Club]( 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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