12-15-2013, 10:17 PM
(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.