18th August
2014 I Bought 20 shares of MCD at $94.25 per share plus commission.
MCD is a Dividend Champion with an 38 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 8.7, 11.3, 13.9 and 22.8. (DividendChampions.xls) MCD now pays dividends of $0.81 per share in March, June, September and December.
McDonald’s Corporation franchises and operates McDonald's
restaurants in the United States, Europe, the Asia/Pacific, the Middle East,
Africa, Canada, and Latin America. The company’s restaurants offer various food
items, soft drinks, coffee, and other beverages, as well as breakfast menus. As
of December 31, 2013, it operated 35,429 restaurants, including 28,691
franchised and 6,738 company-operated restaurants. The company was founded in
1940 and is based in Oak Brook, Illinois.
MCD is a Dividend Champion with an 38 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 8.7, 11.3, 13.9 and 22.8. (DividendChampions.xls) MCD now pays dividends of $0.81 per share in March, June, September and December.
MCD data by GuruFocus.com
MCD's
earnings per share has moved steadily upwards, except a big dip in 2007.
Some ratings for MCD:
My last purchase 20 shares of MCD increases €36.17 ($48.28) of expected annual dividend net income, which increases my portfolio projected annual dividend net income to €7433.90. With purchase price $94.25 plus commission my starting yield on cost is 3.43%.
Some ratings for MCD:
- Yahoo: Mean Recommendation 2.7, 1y Target Est $101.80
- Reuters: Mean Rating 2.64
- Morningstar: (***)
My last purchase 20 shares of MCD increases €36.17 ($48.28) of expected annual dividend net income, which increases my portfolio projected annual dividend net income to €7433.90. With purchase price $94.25 plus commission my starting yield on cost is 3.43%.
Finally, last month I had opened an account with a new broker. Now I have the opportunity to trade more frequently and in smaller amounts, because
the transaction costs are lower. In the past, they were $20 for
American Stock Exchange and CAD 30 for Toronto Stock Exchange. New
trading costs are now $5 to the American Stock Exchange and CAD 5 to the
Toronto Stock Exchange.
I intend in the future to increase the MCD number of shares in my portfolio.
Click here to see my portfolio.
I intend in the future to increase the MCD number of shares in my portfolio.
Click here to see my portfolio.
Full
Disclosure: Long MCD
i could only afford 15 of them :(, im just a anonymous reader but wanted to say i pop in here every week, love your blog DH,/ regards the swedish anonymous read :o)
ReplyDeleteROE on mainio, samoin osingonkasvuvauhti. Hyvä veto.
ReplyDeletePeople will still eat burgers in 100 years. Nice buy! Just bought it last week.
ReplyDeleteItsekin tarkkaillut muutaman viikon jo MCD:a, ehkä nyt uskaltaa vetää liipasimesta jos haukkakin... ;)
ReplyDeleteNice buy Hawk...we also picked up a few shares of MCD recently. I think the recent dip offers a nice entry point. McDonalds is a global brand that is here to stay. I know they have received lots of heat from health fanatics but I'm confident that MCD will do whatever it takes to stay relevant and profitable. AFFJ
ReplyDeleteCongratulations to your latest purchase. I am long in MCD as well for a very long time and still adding more of it. The only thing you got wrong here is the logo - it's already green as of today.
ReplyDeleteI guess you chose Lynx Broker? With your portfolio IB would've been cheaper as you don't have to pay the monthly minimum at all if your portfolio is > $100k. Anyway, Lynx is a good choice and makes it easy to switch to IB if needed.
ReplyDeleteHi
DeleteYes you are right, I chose Lynx, because it doesn't have any monthly fees. I know that the IB would have been cheaper, but in that case I would have to move my portfolio or part of it to the IB, which I didn't want to do in this situation.
Thanks for stopping by!
DH
Thanks for sharing your MCD purchase. I know MCD has been popular since late July when the stock price fell from about $103 to $93. It's in my portfolio too and I'm lovin' it.
ReplyDeleteMcDonald’s technology is probably the most important feature of the restaurants because it allows them to move so many customers in and out of their buildings every day...
ReplyDeleteMcdonalds Company Profile