Is This Dow Jones Stock a Buy for Income Investors?
The Dow Jones Industrial Average consists of 30 of the best and biggest companies on the planet. Unsurprisingly, 28 of these well-established businesses pay dividends to shareholders, giving them a steady stream of passive income. This means that the index is loaded with numerous smart options for dividend growth investors.
Fast food giant McDonald's (NYSE: MCD) is a popular stock for investors seeking rising passive income to own. But is it currently a buy for income-oriented investors? Let's dig further into McDonald's fundamentals and valuation to find out.
With more than 40,000 (mostly franchised) restaurants around the world, McDonald's is the unquestionable leader of the fast food industry. The company's iconic brand and the affordability of its dollar menu have made it a favorite among consumers for countless decades.
Source Fool.com
