My March buy was MCD McDonald’s Corporation, bacause it is global, fairly priced, and yields good 3.80% dividends May 5, 2009Posted by deminvest in investment.
On Apr 20, 2009 I bought 20 MCD McDonald’s Corporation shares at $ 55.35 each.
Reasons why I bought:
- McDonald’s earnigs are still growing 3.50% year on year, even though low dollar hurt MCD’s international sales
- MCD pays hefty $2 yearly dividends, yielding 2.8% in nice clean cash
- McDonald’s meals are cheap. Recession won’t hurt MCD
- Mc Donald’s is global. Children from all over the planet like its burgers, fries and Happy Meals. People traveling will always know they find a meal which may be quite unhealthy, but will not make them sick the next day and a reasonably clean bathroom.