I initially started a position with MCD back on August 13th and that post can be found here.
I ended up buying 23 shares today @ $86.12/share. This was a little cheaper than my initial purchase of 22 shares at $87.80/share.
I believe MCD is a company that will still be selling Big Mac’s 20 years from now. They have 36 years of consecutive dividend increases. They have a current yield of nearly 3.6%, payout ratio of 52% and a huge 5-year CAGR of 20.4%.
I’m lovin’ it!