My latest purchase is 13 shares of McDonald's (MCD). The shares were bought at $91.935 which results in a yield of 3.03% after brokerage fees. In my opinion MCD is one of the top dividend growth stocks, I'm happy to increase my position. I plan to hold McDonald's for a very long time and will continue building the position along the way.
The purchase today was not planned, but I'm trying to invest some of the cash sitting in my account doing nothing. I probably won't make any more purchases in May, but no guarantees. It's nice to know I can take advantage of opportunities if I see something I like.
In other news I received extra shares from the SBSI split today and noticed they gave me 4 shares when I was expecting 3. Seeing as the split was 5% and I used to own 60.497 shares, it appears they rounded up. I did the math; 5% comes out to 3.025. Maybe the distribution will be amended, but right now my account says 64.497. Thank you Southside Bancshares, this was a generous gift!