Are Recession Fears Over?

It just raised its dividend AGAIN! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED The Big Banks Will Be FURIOUS This Secret Is Out... Financial Insider Reveals "Magic Code" You Can Use to Get Up to 255 Times More Income From the Big Banks. If You Have a Savings Account, Check This Out Immediately. SAFETY NET How Safe Is This ESG Player's 5.5% Yield? Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Brookfield Renewable Corp. (NYSE: BEPC) invests in renewable energy assets on five continents and pledges to be as environmentally friendly as possible. The stock pays a 5.5% dividend yield, but given the problems in the ESG (environmental, social and governance) space these days, can investors rely on that yield in the future? Brookfield Renewable Corp. is similar to its sister company Brookfield Renewable Partners (NYSE: BEP), except it is a regular "C corporation" that issues a 1099-DIV, while the partnership issues a K-1 statement. The corporation was set up so investors who prefer not to be in a partnership would still have a way to invest in the company. Because the corporation was set up after the partnership, it reports results the same way the partnership does: It uses funds from operations (FFO) as its measure of cash flow, which is common for partnerships. SPONSORED BREAKING: Major Stock Price Upgrade to $280!   Source: Wikimedia Commons   Thanks to a HUGE blunder by Vladimir Putin... Wall Street analysts say one unique energy stock is on track to soar from $30 to $280. Check out the unusual situation right here. In 2023, Brookfield Renewable Corp. generated $1.1 billion in FFO, up from $612 million the year before. In 2024, FFO is forecast to soar to over $1.3 billion. View larger image   The company paid out $499 million in dividends in 2023 for a payout ratio of 46% based on its FFO. This year, the dividend is forecast to rise to $1.42 per share, but due to the huge expected boost in FFO, the payout ratio should dip to 40%. So the dividend remains quite affordable. Now, the company does have a short history of paying dividends, having just started paying one in 2020. But it has raised the dividend every year since, including a 5% boost for the first quarter of 2024. Before I reveal my grade, I want to know your thoughts. Do you feel like you could depend on Brookfield Renewable Corp.'s dividend? What grade would you give it? Click the button below to share your thoughts, then scroll up to finish reading and get my grade. Share Your Grade and Finish Reading Here BUILD AND PROTECT YOUR WEALTH Discover the $12 Energy Company Paying a Nearly DOUBLE-DIGIT Yield That Just STUNNED Investors With Plans to Increase It Much Higher Freedom Isn't Free (But It May Be Profitable) Discover the Top Passive Income Opportunity for 2024... An Oil/Gas Play for This Week MORE FROM WEALTHY RETIREMENT Clarivate Is a Cash Flow Machine! Not Much Love for Dominion Energy's 6% Yield A Goldilocks Environment for Bonds The Boundless Power of Compounding Facebook LinkedIn Email Share Push Alert SPONSORED The #1 Energy Passive Income Investment for 2024 It's not a stock, bond or private company... But this little-known alternative investment could hand you BIG MONTHLY INCOME from the oil and gas surge in 2024. CLICK HERE TO FIND OUT WHAT IT IS 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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