Is This Dividend Aristocrat a Buy?

When done properly, dividend growth investing is an all-weather strategy. What I mean by this is that an investor's portfolio should produce steadily growing passive income, regardless of what may be going on in the world. A dividend growth stock portfolio should also fare better than the broader market in market downturns.

One stock that fits this description is the Dividend Aristocrat McDonald's (NYSE: MCD), which has raised its dividend for 46 years straight. And while the S&P 500 index has fallen 14% year to date, McDonald's stock has only dropped 7% during that time.

But should investors buy the stock now? Let's go over McDonald's fundamentals and valuation to answer that question.

Source Fool.com