Friday, April 16, 2010

MCD Revisited

This post is an update to my choose to buy McDonald’s(MCD) stock. I have loved this one for years, what is there not to love? They are the dominate player in their category, fast food. Well run and established company with over 40 years in their sector. They have a long history of paying and raising their Dividend(Currently around 3.2%) year after year. The company is perfect for an automatic stock reinvestment program such as ING’s Sharebuilder account. I use them to make an even dollar amount purchase of MCD on the first Tuesday of every month. It’s a low cost way to pick up a few shares a month and all dividends purchase more shares, commission free I may add. Do your own research but IMHO MCD is the place to park long term buy and hold money for sure. Happy Investing. Tony

No comments:

Post a Comment