Did This 6.6% Yielder Earn an Upgrade?

Safety Net says... [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( 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!** [SAFETY NET]( [Did Verizon Earn an Upgrade?]( [Marc Lichtenfeld, Chief Income Strategist, The Oxford Club]( [Marc Lichtenfeld]( A little over a year ago, I gave telecom giant Verizon (NYSE: VZ) [a "C" grade for dividend safety]( due to declining free cash flow and a payout ratio that was just above my 75% threshold. But I concluded my evaluation by saying, "I won't be surprised if next year at this time, Verizon's dividend safety rating has been upgraded." The stock currently pays a $0.665 quarterly dividend, which equates to a 6.6% yield. Let's see whether the company earned the expected upgrade. Importantly, free cash flow came in higher than projected in 2023. Last May, the company's free cash flow was forecast to be $16.9 billion for the year. It actually came in at $18.7 billion, which shrunk the payout ratio from above 75% to a very comfortable 59%. SPONSORED [WATCH NOW: Multimillionaire Trader Wows Thousands With "One Ticker Payouts" Demonstration]( [One Ticker Payout]( Research found that smart investors could have made top gains of... - 443% in 11 days - 89% in 11 days - 543% in nine days - 88% in seven days. All by trading just one ticker every week! Sound preposterous? [SEE THE PROOF HERE]( That gave the company lots of room to raise the dividend, as it has done every year since 2007. [Chart: ]( [View larger image]( However, that free cash flow figure was still lower than it was three years ago, and it's expected to be $18.7 billion again this year. That's problematic. We want to see cash flow growing, not remaining stagnant - and certainly not declining. There was also some recent news that affirmed my thoughts on where Verizon is headed. Here's my outlook for the company and its dividend... [Finish Reading Here]( [Marc's Recent Winners]( [Investment U Conference 2025 - Ponte Vedra Inn & Club in Ponte Vedra Beach, Florida, March 30-April 2, 2025]( BUILD AND PROTECT YOUR WEALTH [Discover the Top Passive Income Opportunity for 2024...]( [Your Personalized Path to Financial Freedom]( [New IPO Signs MAJOR Deal with Apple Until 2040. Will It Be the Next Trillion Dollar Company?]( [A Career Change Pays Dividends]( MORE FROM WEALTHY RETIREMENT [Article]( [Is the Stock Market in a Correction?]( [Article]( [How Much Should Retirees Invest in Stocks?]( [Article]( [Beat the Market by Following Biotech Insiders]( [Article]( [Prospect Capital’s 13.2% Yield Is Hard to Trust]( [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AThis 6.6%25 yielder is a household name... but how safe is its dividend?%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AThis 6.6%25 yielder is a household name... but how safe is its dividend?%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [Yours Free! Top SIX AI Dividend Stocks Right Now]( Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Free Ai Income Playbook... You'll discover... - A special income play that pays double-digit yield - How to get into an AI income trust - And finally, Marc's No. 1 dividend stock AI 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.