Dow Dividend Stock #8 – McDonald’s (MCD)
Market Cap: $74.4 billion
Annual Dividend: $2.20
Dividend Yield: 3.2%
McDonald’s (MCD) has raised its dividend each and every year
since paying its first dividend in 1976 and remains one of the most reliable dividend providers on Wall Street. The largest fast-food chain in the
world continues to be as dominant as ever, with almost 32,000 locations worldwide. This global reach has been great for McDonald’s recently,
since a slight drop in U.S. sales was more than offset with an impressive fourth-quarter growth rate of 4.3% in Europe, Asia, the Middle East and
Africa. MCD earnings on April 21 were strong.
Top 10 High Yield Dividend Stocks in the Dow
Article printed from InvestorPlace Media, http://investorplace.com/2010/04/high-yield-dividend-stocks-dow-jones/.
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