MCD is kind of a nostalgia stock to me.
It is one of the two remaining stocks from 2015 when I turned to DGI [1]. Few days after I bought it, I took son (16) and wife to "our" restaurant to hold the annual shareholder meeting of our new DGI Fund. To my memory, MCD and its dividend raises end of 2015, 2016 and 2017 convinced me of the picture of "bonds with increasing coupons". It kind of learned me DGI.
Today, the yield on cost of the 2015 position would be 6.4%. "Would", because in 2019 I had to sell MCD and rebuy it to transfere it to an account under my wife's name. Thus its official YoC is just 3.4%.
I added to MCD end of 2017. Probably the lower entry yields and Fastgraphs' chart kept me from buying more.
Thanks for bringing MCD back to attention. I marked it for a possible add when it touches the light green area (Fastgraphs) or gets 3 stars (Morningstar).
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[1] the other is IBM.
It is one of the two remaining stocks from 2015 when I turned to DGI [1]. Few days after I bought it, I took son (16) and wife to "our" restaurant to hold the annual shareholder meeting of our new DGI Fund. To my memory, MCD and its dividend raises end of 2015, 2016 and 2017 convinced me of the picture of "bonds with increasing coupons". It kind of learned me DGI.
Today, the yield on cost of the 2015 position would be 6.4%. "Would", because in 2019 I had to sell MCD and rebuy it to transfere it to an account under my wife's name. Thus its official YoC is just 3.4%.
I added to MCD end of 2017. Probably the lower entry yields and Fastgraphs' chart kept me from buying more.
Thanks for bringing MCD back to attention. I marked it for a possible add when it touches the light green area (Fastgraphs) or gets 3 stars (Morningstar).
- - -
[1] the other is IBM.