Can Investors Stay Lucky With This Dividend Payer?

Investors in THIS stock saw the share price more than triple in three years. But is the dividend safe? [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED Do NOT Ignore This Message Hidden In Your $1 Bill [Biden Executive Order]( On the face of this $1 bill is a set of instructions for EVERYONE in America, which is legally binding... And is the main thing that gives your cash its value. But here's the thing... This message represents a direct threat to Joe Biden's plans for your money... Which could put the value of every dollar you own in SERIOUS jeopardy. Can you spot it? [>>Click Here to Learn the Truth About the U.S. Dollar]( [SAFETY NET]( [Can Investors Stay Lucky With This Dividend Payer?]( [Marc Lichtenfeld, Chief Income Strategist, The Oxford Club]( [Marc Lichtenfeld]( EOG Resources (NYSE: EOG) is a Houston-based oil and gas producer with a lucky past. The company had fortunate timing, as it was spun out of the notoriously fraudulent Enron in 1999, which imploded just two years later. Investors also had good timing, as they saw the share price more than triple in the past three years. In that time, the company started paying special dividends that offered shareholders big payouts. Let's look at how safe the dividend is. In 2021, EOG Resources paid two special dividends - of $1.00 per share and $2.00 per share. Last year, it paid four special dividends of $1.00, $1.80, $1.50 and $1.50 per share. So far in 2023, there has been one special dividend of $1.00 per share, paid in March. Special dividends should never be counted on. They are irregular dividends that a company pays when it has excess cash or cash flow. It's like when your spouse gets you that really nice bottle of whiskey for your birthday that you would never buy for yourself. It's nice to receive, but you don't expect it every year. Instead, we'll take a look at the regular dividend because that has been more consistent and is what investors have come to expect. EOG Resources currently pays a $0.825 per share quarterly dividend, or $3.30 annually, which comes out to a 2.5% yield. The dividend has been raised every year since 2018 at a strong clip. Over the past six years, the regular dividend has grown at an astounding 30% compound annual growth rate, including a 10% increase this year. 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]( Last year, the company paid $5.2 billion in dividends. But when you factor in only the regular dividends, it comes out to about $1.8 billion. Free cash flow totaled $6.1 billion, so the payout ratio is just 30% of free cash flow. This year, the company is forecast to pay out $2.9 billion in dividends, but again, if we look only at the regular dividend and don't include special dividends, the total amount should be around $1.9 billion. Free cash flow is projected to decline to $4.5 billion this year, which still easily covers the dividend (though it would not have covered all the special dividends last year, which is why management has likely pumped the brakes on them). Falling free cash flow isn't great, but it is still well above the regular dividend. So unless free cash flow continues to drop, the regular dividend is fairly safe. Dividend Safety Rating: B [Dividend Grade Guide]( If you have a stock whose dividend safety you'd like me to analyze, leave the ticker in the [comments]( section. And be sure to check to see if I've written about your favorite stock recently. Just click on the word "Search" on the upper right part of the [Wealthy Retirement homepage]( type in the name of the company and hit "Enter." Good investing, Marc [Leave a Comment]( [Investment U Conference 2024 at the Ojai Valley Inn & Spa in Ojai, California. 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But is the dividend safe?%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [Putin's boneheaded mistake could make Americans INCREDIBLY RICH!]( [Putin Infuriated]( Source: [Wikimedia Commons]( The mainstream media isn't talking about this, but Americans who catch on early to this mistake made by Vladimir Putin... could become wealthy. This will be sure to infuriate him! [ Click Here to See How]( [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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