Today’s dividends: McDonald’s, Hershey, whirlpool and more

I marched $5.62 closer to my goal of $1,000,000 today thanks to dividends from McDonald’s, Hershey, Whirlpool, International Paper, Consolidated Edison, Meredith, Prudential and Old Republic.

McDonald’s

I wasn’t totally sold on McDonald’s (MCD) when I purchased my first and only share for $120.57 back in December of 2016. I’m not a huge fast-food guy myself and the industry seemed to be falling out of favor a bit. I mean, it’s horrible for your health … there’s no way around that. Apparently, though, people are still eating it because the investment has done quite well.

My share, which earned me a $1.01 dividend payment today, is up almost 35%. As of this post, it’s up more than $3 today alone.

That said, I’m staying away for now. The company’s been on a nice run, but has a lot of debt, earnings are down a bit and there are, in my opinion, plenty of better places to stash my cash at the moment.

Hershey

Hershey (HSY) passed along a $0.66 dividend for the one share I own – a share that’s sank more than $7 since purchase and is inching toward its 52-week low. I get it, Hershey fell short of earnings estimates for the first time in awhile last quarter, but earnings are still growing. If the company didn’t have as much debt as it does (75.24% debt-to-earnings ratio) I’d probably be a buyer at today’s price.

Whirlpool

I added a share of Whirlpool (WHR) to my portfolio for $172.30 back in January because I thought it was a good value. Ha! I was wrong. Now, at $159, it’s a good value. I wish I would’ve waited, but who knows … maybe I’ll add some here in the near future if the price stays down. I like the $4.40 annualized dividend.

The divi has been on the rise, too. Whirlpool, which doesn’t get a lot of love as a dividend-growth stock, has been boosting its payment for each of the last seven years, most recently at an average clip of 17.22% over the course of the last five.

Today’s other dividends, as mentioned above, came from International Paper ($0.48), Consolidated Edison ($0.72), Meredith ($0.55) Prudential ($0.90) and Old Republic ($0.20). Of those five, I really, really like Meredith at these levels. The company has good earnings, a low P/E ratio and a dividend with a yield close to 4%.

This week’s steps

Today’s dividends, coupled with Tuesday’s $1.84 and the combined $11.08 from Monday, brought my March total to $35.68 and my 2018 mark to $120.35.

I also made a small purchase Wednesday, picking up a share of CVS.

Last week’s steps

I increased my forward annual income by $2 thanks to Monday’s purchase of CVS. Tuesday featured a dividend from Valero and Wednesday saw a $1.82 dividend from UPS hit my account. I also made a handful of purchases, scooping up shares of MDC, Procter & Gamble and Franklin Resources – which added $4.88 to my steadily growing forward annual dividend income total.

I made another couple purchases Thursday, adding shares of AT&T and Verizon to my Dividend Farm, and received $3.17 worth of dividend income from a combined four companies.

Finally, I earned $1.13 worth of dividends from Exxon and Yum! Brands on Friday. In all, I earned $6.92 of complete-passive income and boosted my forward annual dividend income by $11.24. Not a bad stretch if I do say so myself.

March on!

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