+- Dividend Growth Forum (http://DividendGrowthForum.com)
+-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15)
+--- Forum: Individual Dividend Growth Stocks (http://DividendGrowthForum.com/forumdisplay.php?fid=35)
+--- Thread: Adding to MCD, KO, CVX today (/showthread.php?tid=350)
Adding to MCD, KO, CVX today - DividendGarden - 01-14-2014
I am adding to these three positions today.
MCD is yielding 3.4%. That's relatively high, if I look back over the past few years.
I like KO, longterm. Right now, it's yield is over 2.8%. I don't drink Coke, but I'm addicted to KO.
CVX went from $125 to $119 on their interim update. I think that's a big overreaction and I like CVX longterm.
Your thoughts? What's on your watchlist today?
RE: Adding to MCD, KO, CVX today - fiveoh - 01-14-2014
I like your picks. MCD I don't feel is going anywhere anytime soon and I have a decent position already. Same with KO. Although if the div increase bumps KO to a 3% yield I will buy.
CVX I'm looking at closely... I have a really small position I'd like to increase but I find it hard to evaluate the big oil stocks since they seem to be undervalued frequently,(obviously they aren't) based on traditional valuation methods.
RE: Adding to MCD, KO, CVX today - Dividend Watcher - 01-14-2014
DividendGarden, sorry the dip-buyers cut into your buys a little bit today.
KO, not a bad price. I need to top off my wife's portfolio but wanted it less than $38. The limit order never traded.
CVX has been building a base around $120 for a while now. I'd buy more but it's the largest holding in my portfolio and probably should trim a little. Love that dividend pouring cash pouring into my pocket.
MCD doesn't look too exciting right now but with an almost 3.5% yield, I'd be willing to let that compound for a few years at this price. By then, they'll have come up with an effective strategy and be back on their growth track.
Long all three and lovin' it.
RE: Adding to MCD, KO, CVX today - DividendGarden - 01-15-2014
(01-14-2014, 10:12 PM)Dividend Watcher Wrote: DividendGarden, sorry the dip-buyers cut into your buys a little bit today.
Thanks, Dividend Watcher. Yeah, the dip-buyers cut in a bit, but I was filled on MCD.