When MCD went public in 1965, a hundred shares would have cost $2250. Lots of splits since then. Those 100 shares are now 74,360 shares, according to the investors' section of MCD's website.
They started paying a dividend in 1976. At today's price per share, the dividend is a little over 3%. Beats a CD huh?
But (sigh) I do not own any of this one. I gave it a look when it was in the 50's not too long ago, but I did not buy. Just kept clowning around with the idea. It's closing above 70 now. But.....maybe next time. (At least, kicking myself is good exercise I guess.)
http://www.aboutmcdonalds.com/mcd/in...formation.html
What was this thread about again? ----- Oh yeah, stuff we did.....I flew on the
Concorde. New York to Heathrow, 3 hours, 18 minutes. Nope, I am not a rock star, nor do I have 74,360 shares of MCD. I found a really good deal that was on in the 90's to promote the
QEII. -- That was our ride back home.
Mach 2 Boomer