McDonald's ($MCD) announced its next dividend of $1.67 per share, a 9.89% increase over the company's previous payout of $1.52.
DivGro's annual dividend income will increase by $30.00 as a result.
I own 50 shares of MCD at an average cost basis of $148.63 per share. Following this increase, my yield on cost is 4.49%. In comparison, MCD's forward yield is 2.71% at $246.87 per share.
MCD became DivGro's 10th Home Run stock in January 2018 when the stock doubled my original capital outlay.
No comments:
Post a Comment
Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.