I’m reporting my automatic purchases for this week:
I Bought:
$400 of UL (Unilever) – 3.5% yield
$200 of MCD (McDonald’s) – 3.5% yield
I used $600 in new capital and added $21.00/year to my dividend income. This is an average yield of 3.5%.
Note:
I continue building up a full position in UL. With a giant portfolio of well-known brands and 3.5% yield, what’s not to like!
I just started adding a little more to MCD since it’s below an average weight in my portfolio (2.5%) and has also retreated a little in price. At a 3.5% yield, I’ll keep adding to shares.
Picture:
Just for some fun and to add some color I will be posting pictures of places I’ve been to. It’s also motivation to reach FI so I can travel and do what I want to when I want to.
This is a picture from my recent trip to Hawai’i. It was taken on our helicopter tour on The Big Island. Apparently there is no natural running water so all the waterfalls are from the rain. If it doesn’t rain for a week then these would be completely dry.
The media has been bashing MCD future growth prospects as of late. However, I think it will still be a player in the future. Akin to how PM/RAI are still players regardless of how much people are told smoking kills. Obesity kills, too. Americans don’t care. It’s not AS addictive, sure, but it still affects brain chemistry. And it is still addictive.
Keep that snowball rolling!
WE#1
Wallet Engineer #1 recently posted…Wallet Engineer #1 Bought a House
Wallet,
I’m taking the recent weakness in MCD shares as a chance to add to my holdings. I agree that they will be a player for years to come. People aren’t going to stop looking for cheap hamburgers.
Thanks for stopping by!
I think the recent weakness in MCD provides a great buying opportunity.
Tawcan recently posted…Recent dividend hikes – Manulife & Kinder Morgan
Tawcan,
I’m with you on that. I think MCD will continue to produce returns for shareholders for many more years.
Thanks for stopping by!