1) Some $4.71 billion worth of the company’s stock is held by ETFs. Why? The company boasts a dividend yield of 3.18%. The burger chain was recently named a Top 25 ”Dividend Giant” by ETF Channel.2) The $2.87 per share dividend paid out in 2012 is 75% higher than the amount paid in 2008, McDonald’s CFO Peter Bensen noted at a recent Jeffries Global Consumer Conference. (Transcript)
The post How McDonald's has become such a market force appeared first on Smarter Investing
Covestor Ltd. is a registered investment advisor. Covestor licenses investment strategies from its Model Managers to establish investment models. The commentary here is provided as general and impersonal information and should not be construed as recommendations or advice. Information from Model Managers and third-party sources deemed to be reliable but not guaranteed. Past performance is no guarantee of future results. Transaction histories for Covestor models available upon request. Additional important disclosures available at http://site.covestor.com/help/disclosures. For information about Covestor and its services, go to http://covestor.com or contact Covestor Client Services at (866) 825-3005, x703.