Site icon top24newsonline.com

DivGro: McDonald’s Dividend Increase


On 23 October, McDonald’s (MCD) increased its dividend by 5.08%, from $1.77 to $1.86 per share.

The dividend is payable on 15 December to shareholders of record on 1
December. 

MCD’s contribution to DivGro’s projected annual dividend income will
increase by $18 to $372.


I own 50 shares of MCD at an average cost basis of $148.63 per share. Following this increase, my yield on cost is 5.01%. (MCD’s forward yield is 2.43% at $305.79 per share). 

Since I opened my position in September 2014, the stock has delivered a total return of 135%, including $2,155.13 in
dividends. 
That’s a splendid annualized rate of return of 12.3%!

MCD became DivGro’s 10th Home Run stock in January 2018, when the stock doubled my original capital
outlay. 

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$5.04 $5.25 $5.66 $6.23 $6.78 $7.17
6.55% 4.17% 7.81% 10.07% 8.83% 5.75%
5-year DGR: 7.47% 7.30%

projected, assuming no further changes



Source link

Exit mobile version