Safety Net says... [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Vladimir Putin Underestimates the Allies]( [Putin Underestimates]( Source: [www.kremlin.ru]( Vladimir Putin just made the biggest blunder of his career. His decision could crush some stocks... and send others soaring. [Here's what you need to know to help protect your family and your wealth...]( [SAFETY NET]( [How "High" Can This 7% Yield Go?]( [Marc Lichtenfeld, Chief Income Strategist, The Oxford Club]( [Marc Lichtenfeld]( Innovative Industrial Properties (NYSE: IIPR) lives up to its name. The company is an innovative real estate investment trust, or REIT, that leases its 108 real estate assets to 30 cannabis operators in 19 states. REITs are known for paying sizable dividends, and Innovative Industrial Properties' 7% annual yield makes it one of the higher-yielding REITs. Can it continue to pay such a strong dividend, or is management about to harsh investors' buzz? As you likely know by now, cash flow is one of the key factors we consider. For REITs, we use funds from operations (FFO) as our measure of cash flow. Innovative Industrial Properties' FFO has been rising for the past few years. It totaled $232 million in 2023 (up from $211 million the prior year), and I expect it to increase to around $250 million in 2024. [Chart: FFO Moving Higher and Higher](
[View larger image]( SPONSORED [Seven Must-Own Stocks for AI Investors]( [Next Magnificent Seven]( [Discover AI's "Next Magnificent Seven" Here.]( Last year, the company paid shareholders $204 million in dividends for an 88% payout ratio. I'm comfortable with REITs paying out up to 100% of their FFO in dividends, as they are required by law to pay out at least 90% of their earnings. (Earnings aren't the same as cash flow or FFO, but because of that obligation, REITs often pay out nearly all of their FFO to shareholders. That's why we raise our payout ratio limit from our typical 75% for normal stocks to 100% for REITs.) Even though Innovative Industrial Properties' payout ratio was comfortably below 100% in 2023, I expect it to be closer to the limit by the end of this year. Here's how that could affect the company's dividend... [Finish Reading Here]( [Investment U Conference 2025 - Ponte Vedra Inn & Club in Ponte Vedra Beach, Florida, March 30-April 2, 2025]( BUILD AND PROTECT YOUR WEALTH [Get Marc's Top 5 Dividend Stocks (FREE PICKS)]( [Could This Be the Best Insider Stock for 2024?]( [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.]( [How Traders Can Earn Higher Short-Term Returns]( MORE FROM WEALTHY RETIREMENT [Article]( [The Hidden Truth About Diversification]( [Article]( [Follow the Insiders to Gain an Edge Over the Market]( [Article]( [Is Cavaâs Sizzling Stock Too Hot to Handle?]( [Article]( [Can Stellantis Maintain Its Stellar 8.4% Yield?]( [Facebook](
[Facebook](
[LinkedIn logo](
[LinkedIn](
[Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AHow %22high%22 can this 7%25 yield go?%0D%0A%0D
[Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AHow %22high%22 can this 7%25 yield go?%0D%0A%0D
[Push Alert](
[Push Alert]( 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!** [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. [Privacy Policy]( | [Whitelist Wealthy Retirement]( | [Unsubscribe]( © 2024 The Oxford Club, LLC All Rights Reserved
The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#)
North America: [877.808.9795](#) | International: [+1.443.353.4621](#)
[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.