How Safe Is McDonald's Dividend?
The restaurant industry has evolved dramatically over the past half-century, and McDonald's (NYSE: MCD) has worked hard to remain relevant in an ever-changing industry environment. Competing trends have posed difficulties for McDonald's, including the move toward fast-casual dining, an emphasis on healthier ingredients in prepared foods, and the ever-present quest for good value. Yet through innovative thinking and a willingness to embrace new ideas, McDonald's has been able to keep up with the times and reward investors through rising dividends. Shareholders now wonder, though, whether a recent rise in the stock price reflects overly optimistic expectations that could lead to future disappointment and eventually cause a halt to McDonald's dividend growth. Let's take a closer look at McDonald's to see whether investors can safely rely on the dividend going forward.
Current quarterly dividend per share
$0.94
Source: Fool.com
McDonalds Corp. Stock
The stock is one of the favorites of our community with 49 Buy predictions and 1 Sell predictions.
As a result the target price of 296 € shows a slightly positive potential of 17.58% compared to the current price of 251.75 € for McDonalds Corp..
