We're excited to have you on board

But the dividend is a different story. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED "We're Just Getting Warmed Up!" - Oxford Club CEO Oxford Club VIP research services have racked up BIG WINS to start 2024, including... 127% on Insmed, 275% on CyberArk, 410% on CrowdStrike and 118% on Semrush. The longest hold time on any of those plays was only four months! And now, the Club's CEO is doing something special to try to ensure you don't miss out on the next big winner. >>>See what he's got up his sleeve for you here. (Lots at stake!) SAFETY NET I Hate This Company's Products... but Not Its Dividend Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Corebridge Financial (NYSE: CRBG) sells two of my least favorite financial products: life insurance and annuities. I have no problem with term life insurance. Many families need it in order to protect their loved ones. But other types of life insurance that are set up as investments are too costly. I've written extensively about the subject here in Wealthy Retirement. And in my book You Don't Have to Drive an Uber in Retirement, the chapter on annuities is titled "The Worst Investment You Can Make." So I'm no fan of these products. But annuities and life insurance are cash cows for the companies that sell them. Corebridge uses some of that cash to pay a $0.23 per share quarterly dividend, which comes out to a 3.8% yield. Last year, the company also paid out an additional $1.78 in special dividends. Can it keep peddling its annuities and insurance policies hard enough to maintain its quarterly dividend? SPONSORED Five Dividend Stocks to Buy Now (FREE INSIDE) Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... Completely free of charge! Seriously, no credit card required. Inside, you'll get the names and ticker symbols of his TOP FIVE dividend stocks right now, including... 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, his No. 1 dividend stock for a LIFETIME of income. Click here before the download link expires. Corebridge wasn't publicly traded until September 2022, so it doesn't have a long track record, but we still have plenty of data points we can use. Since Corebridge is an insurance company, we use net investment income to measure cash flow. The company collects premiums and fees, invests the money, makes payouts to customers when necessary, and keeps the difference. That difference is its net investment income. Wall Street does not have any net investment income estimates, but over the 12 months ending in September (results from the fourth quarter of 2023 have not been released yet), the company's net investment income totaled $9.6 billion. That's up significantly from $8.8 billion in the 2022 calendar year. Results for all of 2023 should be released in mid-February, and I fully expect 2023's numbers to be much higher than 2022's. But even if the numbers are higher, that doesn't automatically mean Corebridge will be able to afford its dividend. Let's take a look at the final piece of the puzzle: the all-important payout ratio... Reveal My Grade Here BUILD AND PROTECT YOUR WEALTH See How to Access the Money Tool Metric Typically Reserved for World's Richest ($10M+ Net Worth) Creating Something Out of Nothing The Man Who Called the Market Bottoms in '02, '09 and '20 Makes Shocking Prediction. Click Here to Find Out What It Is. A Bull Pattern With Earnings on Deck MORE FROM WEALTHY RETIREMENT A Super-Cheap Retailer in an Emerging Market Will Magic Software Cut Its 6.7% Dividend Yield? Will the Fed Really Lower Rates in 2024? The Odds of a Bull Market in 2024 Facebook LinkedIn Email Share Push Alert SPONSORED Biggest Investors in the World LOADING UP on This AI Stock It's a small cap that trades for less than $10... Yet the biggest investors in the world own millions of shares. Why? Because their AI just did something no company has ever done before. Details 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. 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. 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