360° Coverage : Only Eight Dow Components With Recent Insider Buying, MCD is One...

2 Updates

Only Eight Dow Components With Recent Insider Buying, MCD is One of Them

Jan 27 2014, 11:13am CST | by

The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for...

Filed under: news

 
 
 

35 weeks ago

Only Eight Dow Components With Recent Insider Buying, MCD is One of Them

Jan 27 2014, 11:13am CST | by

The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for a company insider to choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. Within the 30 components of the Dow Jones Industrial Average, only eight companies have experienced such buying over the trailing six month period, one of which was McDonald’s Corp (NYSE: MCD), where an investment totaling $40.2K was made by Director Cary D. McMillan. Click Here to Learn Which Other Seven Dow Components Also Had Recent Insider Buying »

Click here to find out which other top insider buys by company directors you need to know about »

McMillan bets big on MCD:

Purchased Insider Title Shares Price/Share Value
10/25/2013 Cary D. McMillan Director 425 $94.71 $40,250.47

McMillan’s average cost works out to $94.71/share. In trading on Monday, bargain hunters could buy shares of McDonald’s Corp (NYSE: MCD) and achieve a cost basis lower than McMillan, with shares changing hands as low as $94.02 per share. It should be noted that McMillan has collected $0.81/share in dividends since the time of their purchase, so they are currently up 0.1% on their purchase from a total return basis. Shares of McDonald’s Corp were changing hands at $94.43 at last check, trading trading flat on Monday. The chart below shows the one year performance of MCD shares, versus its 200 day moving average:

Looking at the chart above, MCD’s low point in its 52 week range is $93.02 per share, with $103.70 as the 52 week high point — that compares with a last trade of $94.43.

The current annualized dividend paid by McDonald’s Corp is $3.24/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/27/2013. Below is a long-term dividend history chart for MCD, which can be of good help in judging whether the most recent dividend with approx. 3.4% annualized yield is likely to continue.

According to the ETF Finder at ETFChannel.com, MCD makes up 4.82% of the Wide Moat ETF (AMEX: MOAT) which is trading lower by about 0.5% on the day Monday.


Special Offer: Join the value investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes

Source: Forbes Business

/>/>
 
Update
2

4 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing th ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

4 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

With Modi momentum, US seeks enhanced energy collaboration
Washington, Oct 2 (IANS) With Indian Prime Minister Narendra Modi "providing a new momentum", the US has suggested four areas where India and the US can enhance collaboration in energy and sustainable development.
 
 
IMF calls for more oversight of shadow banks
Washington, Oct 2 (IANS) The International Monetary Fund (IMF) Wednesday urged countries to include oversight of shadow banking as part of their policies designed to keep the overall financial system safe.
 
 
US, Brazil strike new deal to end cotton trade dispute
Washington, Oct 2 (IANS) The US and Brazil reached an agreement Wednesday to end a decade-long cotton dispute between the two countries.
 
 
US sends 700 soldiers to Liberia to fight Ebola
Washington, Oct 2 (IANS) US Defence Secretary Chuck Hagel has authorised the deployment of 700 soldiers to Liberia to help with the fight against the Ebola epidemic there, the Defence Department said in a statement Wednesday.
 
 
 

Latest from the Network

Obama 'deeply concerned' over Israel's settlement expansion plan
Washington, Oct 2 (IANS) President Barack Obama Wednesday voiced "deep concern" in his meeting with Israeli Prime Minister Benjamin Netanyahu over the country's plan to build some 2,610 new homes for Israeli settlers...
Read more on Politics Balla
 
Alec Baldwin, Kevin Spacey in 'Boss Baby'?
Los Angeles, Oct 2 (IANS) Actors Alec Baldwin and Kevin Spacey have reportedly been signed up for an animation movie titled "Boss Baby". The two will lend their voices to the latest DreamWorks animation, which will be...
Read more on Celebrity Balla
 
US, Brazil strike new deal to end cotton trade dispute
Washington, Oct 2 (IANS) The US and Brazil reached an agreement Wednesday to end a decade-long cotton dispute between the two countries. Brazil sued the US in the World Trade Organisation (WTO) on cotton subsidies in...
Read more on Business Balla
 
Robert Downey Jr.'s wife gave him an ultimatum
Robert Downey Jr.'s wife refused to marry him until he got sober. The 49-year-old star first proposed to Susan Downey three months after they started dating after meeting on the set of 'Gothika' in 2003, but the 40-year...
Read more on Celebrity Balla
 
Jordin Sparks giving BMW back to Jason Derulo
Jordin Sparks plans to return her BMW to Jason Derulo. The 'No Air' singer, who split from the 'Talk Dirty' hitmaker last month, has decided to give him back the luxurious vehicle that he bought for her last Christmas....
Read more on Celebrity Balla
 
Real Madrid stays perfect thanks to late goal from Benzema
Madrid, Oct 2 (IANS/EFE) Second-half substitute Karim Benzema scored to give Real Madrid a 2-1 win over Ludogorets Wednesday, leaving the Blancos at the head of Champions League Group B with six points after two...
Read more on Sport Balla
 
Secret service director resigns over White House security lapse
Washington, Oct 2 (IANS) The US secret service director Julia Pierson resigned Wednesday over a recent White House security breach. According to a statement released Wednesday afternoon by the US Department of...
Read more on Politics Balla
 
31 killed in attack near school in Syria
Beirut, Oct 2 (IANS/EFE) Several children were among the 31 people killed in a pair of bombings near a school in the central Syrian city of Homs, a Syrian official said. Seventy-four others were injured in the blasts...
Read more on Politics Balla
 
'Rush Hour' to hit small screen as TV series
Los Angeles, Oct 2 (IANS) Chris Tucker and Jackie Chan's blockbuster film franchise "Rush Hour" is heading to the small screen. Warner Bros. Television team has recruited "Scrubs" creator Bill Lawrence and "Mad Men"...
Read more on Celebrity Balla