Posted 1/14/2024, 3:07:00 PM
McDonald's Stock Lags in 2022, But Remains a Dividend Stalwart With Steady Growth
- McDonald's stock underperformed the market in 2022, raising the question of whether now is a good time to buy
- McDonald's business is still growing, with double-digit increases in revenue, operating income, and earnings per share
- McDonald's has a strong dividend history, having raised its payout every year for 47 years straight
- McDonald's returns a lot of cash to shareholders through dividends and share repurchases
- McDonald's stock may not outperform the market long-term, but can provide solid returns, dividend income, and lower volatility