Reported 2 days ago
McDonald's is on track to achieve Dividend King status by increasing its dividend for the 49th consecutive year, with a recent payout of $7.08 per share reflecting a 6% increase. Despite its large size slowing growth, the franchise-based business model supports sustainable dividends, providing a yield of about 2.3%, which is nearly double the S&P 500 average. The company's strong free cash flow and consistent revenue generation position it well for future increases, appealing to income-focused investors.
Source: YAHOO