Dividend Increase

Not to pat myself on the back but McDonalds(MCD) was a great stock idea made on this BLOG a while back. Today they announced an 11% increase in their Dividend starting next quarter. Also the stock is trading at close to it’s all time high currently at $75 a share. When I first wrote about it was in the $50 a share range. It’s one of those buy once and hold forever stocks that I love for the long haul. Plus they raise their dividend almost every year so you more than keep up with inflation even if the stock stays flat! Wendys(WEN) is taking awhile to turn around but I still believe this is a good place to park money that you should be able to cash out in 2-3 years once they turn it around or they get bought out at a premium. Happy investing. Tony