🏀 A Slam-Dunk Dividend

50 years and going strong... [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Trading Tool 20 Years in the Making... Now Revealed LIVE!]( [Accelerated Profits Summit]( Discover how one secret technology would have found same-day potential gains as high as 400%... 288%... even 553%... Be among the first to see this amazing breakthrough in action... and even see the real-time setups. [We're LIVE Wednesday, January 11, at 2 p.m. ET - Click Here to Sign Up FREE]( Publisher's Note: If one of your New Year's resolutions is to improve your portfolio returns, listen up... Next week, our friend and Head Trade Tactician Bryan Bottarelli of Monument Traders Alliance is [unveiling a new profit-generating tool in his Accelerated Profits Summit](. This is something that could help you ACCELERATE your success in the market. And perhaps even ACCELERATE your retirement or other financial goals. This secret tech has potential to deliver [same-day gains of 400%... 288%... even 553%]( Join him - FOR FREE - on Wednesday, January 11, at 2 p.m. ET when he [goes live and unveils this software in real time](. [Click here to get on the guest list for FREE today.]( - Rachel Gearhart, Associate Publisher [SAFETY NET]( [A Dividend Hike That's a Slam Dunk]( [Marc Lichtenfeld, Chief Income Strategist, The Oxford Club]( [Marc Lichtenfeld]( There are few companies out there with an unblemished track record of annual dividend increases that also have pristine financials to ensure that the dividend raises will continue. Johnson & Johnson (NYSE: JNJ) is unquestionably one of them. The company has raised its dividend annually since it began paying one in 1972. Last year marked the 50th year in a row that the drug and consumer products company lifted the dividend. That's what you call an impressive track record. [Chart: Johnson & Johnson Dividend per Share]( Okay, so the dividend-paying history is superb. But so is its cash flow growth. In 2021, the maker of Band-Aids, medical devices and cancer-fighting drugs, along with many other products, generated $19.8 million in free cash flow. That figure is expected to grow to $22.9 billion when Johnson & Johnson reports full-year 2022 results and rocket to $26.7 billion this year. SPONSORED [Wall Street Legend Warns "Financial Reset" is Coming]( Man who predicted 2022 crash warns 8.4 million Americans to get out of banks and into [a new vehicle 50 years in the making](. The company is forecast to have paid out $11.5 billion in dividends in 2022, just 50% of its free cash flow. If the 2023 free cash flow and dividends paid projections are correct, this year, the company's payout ratio will dip to 45%. I like to see a company's payout ratio below 75%. So 45% is quite low and suggests the company has lots of room to raise the dividend even if free cash flow isn't as strong as predicted. Johnson & Johnson's dividend is as safe as a bet that most New Year's resolutions will be forgotten by February. Dividend Safety Rating: A [Dividend Grade Guide]( If you have a stock whose dividend safety you'd like me to analyze, leave the ticker symbol in the [comments]( section. And don't forget to search the site to see whether I've written about your favorite stock recently. Just click on the magnifying glass in the top right corner, type in the company's name and hit enter. Good investing, Marc [Leave a Comment]( RECOMMENDED LINKS [Somebody recently decided to buy a LOT of gold. And I think I know why... It's all about a meeting that's scheduled for March 22, 2023. The big announcement is just months away. 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This Stock Under $2 Could Go to $20 (And It Would STILL Be a SCREAMING BUY)]( [Senior handsome man wearing elegant sweater]( Analysts predict earnings will soar more than 320% this year... Possibly as much as 500%! Discover the last opportunity that could still rocket skyward in THIS market. [Click Here to Discover Details on the Shocking Less Than $2 Stock]( [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. 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