Yesterday I sold my position in MCD.
I've been wanting to sell this position for a while now.
Most importantly, because it does not fit the 10x10 rule anymore.
Basically this means the balance between the yield and the growth is not optimal.
Apart from that, the current P/E ratio (24) and the payout ratio (69%) are too high for my taste.
Let's see what happened during my time as a shareholder of MCD.
08/25/14 - Bought 11 shares at $94.77 for $1042.47
2014 Dividends received - $7.95
2015 Dividends received - $32.16
05/19/16 - Sold 6 shares at $124.99 for $749.94
2016 Dividends received - $19.88
2017 Dividends received - $3.99
04/18/17 - Sold 5 shares at $132.68 for $663.40
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Net profit: $429.85 (41%)
Any thoughts?
Are you concerned about MCD as well?
Thanks for reading!
