Good idea, because I don't want to sit and wait and miss dividend $ and still maybe never hit my price to strike.
I agree with not worrying about dimes, but I do like to feel like I'm getting a bargain. Crazy, I know.
Got filled today @ 95.00 3.4% yield.
Very solid yield from a great company. Well done!
I picked up MCD in August @ $95-- haven't looked back ;-) This is a great company and investment--not doubts about it!
Ronn
(12-13-2013, 03:49 PM)ronn38 Wrote: [ -> ]I picked up MCD in August @ 9\$95-- haven't looked back ;-) This is a great company and investment--not doubts about it!
Ronn
Opened a position in MCD about a year ago at 86.89. Added to it last week at $96.68. I am comfortable with it being part of my dividend compounding machine and reinvest the dividends. That said, if next year's dividend increase falls below 5% without a great rationale by the company I will sell it and replace it with a company with better dividend growth prospects.
I think it will have a larger increase next year.