Countdown to Next Report: Special Report with Game-Changing Potential Coming Your Way

This oil and gas partnership owns assets all across the country... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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View in browser SPONSORED This Could Be Elon’s Final (and Richest) Project Most people will miss out. But there’s a backdoor ticker symbol that gets you a stake. Click here and discover how to get exposure now… Editor's Note: For 137 years now, a little-known public land trust has been quietly sitting on millions of acres of American land... Receiving royalties on every drop of energy that gets pulled out of the ground. The checks just keep rolling in. All told, it's generated a 29% average return... every year for 25 straight years. More royalties mean bigger payouts... and bigger payouts mean even better returns for anyone holding what Chief Income Strategist Marc Lichtenfeld calls "The 29% Account." Click here to learn how to tap into this cash-gushing machine. - James Ogletree, Senior Managing Editor SAFETY NET A 12% Yielder With a Recent Dividend Hike Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Dorchester Minerals (Nasdaq: DMLP) is a limited partnership that owns oil- and mineral-rich land all over the United States, including in the Permian Basin, the Bakken/Three Forks system, and the Midland Basin. The company does not explore for oil. Instead, it lets other companies do so on its land and collects royalties on the resources that are extracted. It's a low-cost, high-margin business. As a result, Dorchester pays a high distribution. (Limited partnerships pay distributions, not dividends, and they have units, not shares.) The most recently announced distribution, which will be paid tomorrow to unitholders of record as of February 2, is just under $0.76 per unit. That comes out to a 12.3% yield. Can Dorchester Minerals investors rely on such a generous payout? The company's free cash flow declined in 2023 and 2024, though it is expected to have risen in 2025. (Dorchester will likely report fourth quarter and full-year results in a few weeks.) In 2024, Dorchester Minerals generated $132.6 million in free cash flow, down 5% from $139.8 million the previous year. Wall Street predicts free cash flow will come in at $148.2 million for 2025 and inch higher to $148.4 million in 2026. There's a problem, though: The company paid more in distributions in 2024 than it generated in free cash flow. That is projected to be the case again in the 2025 results. In fact, the gulf is expected to widen, as Dorchester is forecast to have paid out $182 million. This year, Wall Street forecasts $191.1 million, expanding the deficit between distributions and cash flow even further to a 129% payout ratio. SPONSORED URGENT: Watch if you're ready to target 300%+ gains within MINUTES of 9:30 a.m. ET Tomorrow, thousands of Americans will look to double (or even QUADRUPLE) their money in mere minutes ... All from ONE special trade setup that happens shortly after the clock strikes 9:30 a.m. ET. Click on the link below and watch this short demonstration to see how they're doing it. SEE HOW THE TRADE WORKS It's a big issue when a company is paying out more cash than it takes in. That means that in order to pay unitholders, it has to dip into cash on hand or raise funds by either selling stock or taking on debt. That alone would worry me about Dorchester's ability to sustain its distribution. But here's why I know for sure it won't be able to: Its distribution policy is variable. That means it pays a different amount each quarter. While the most recent distribution was a nice 10% increase over the previous one, the payout bounces up and down like an EKG reading. View larger image   A variable distribution policy coupled with the company's inability to generate enough cash flow to pay for the current distribution means that the payout will most certainly be reduced at some point in the future. The 12% yield is attractive, but by no means can it be considered safe. Dividend Safety Rating: F What stock's dividend safety would you like me to analyze next? Click the button below to leave the ticker in the comments section. Submit Your Stock Requests Here Good investing, Marc BUILD AND PROTECT YOUR WEALTH New IPO Signs MAJOR Deal with Apple Until 2040. Will It Be the Next Trillion Dollar Company? How Your Money Can Work Harder for You Top Trader Reveals "One Ticker Payouts": One Ticker... One Trade... Every Week! My Complete Checklist for TPS Trades MORE FROM WEALTHY RETIREMENT Gambling and Prediction Markets vs. Building Real Wealth The Problem With "I Can't Afford It" in Retirement Gold Forecast 2026: Understanding Trump's Debt Strategy Why Markets Are Less Efficient Than Ever Facebook LinkedIn Email Share Push Alert SPONSORED WATCH NOW: Multimillionaire Trader Wows Thousands With "One Ticker Payouts" Demonstration 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 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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