The

Dow Jones Industrial Average

(

^DJI

) is trading down 158.0 points (-1.3%) at 12,422 as of Wednesday, May 30, 2012, 10:35 a.m. ET. During this time, 141 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 728.1 million. The NYSE advances/declines ratio sits at 336 issues advancing vs. 2,513 declining with 100 unchanged.

Thursday, May 31, 2012 is the ex-dividend date for Dow component

McDonald's Corporation

(NYSE:

MCD

). Owners of shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $90.40 as of 10:35 a.m. ET, the dividend yield is 3.1% compared to the average Dow component yield of 2.9%.

The average volume for McDonald's Corporation has been 6.2 million shares per day over the past 30 days. McDonald's Corporation has a market cap of $92.53 billion and is part of the

services

sector and

leisure

industry. Shares are down 9.2% year to date as of Tuesday's close.

McDonald's Corporation, together with its subsidiaries, franchises and operates McDonald's restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. The company has a P/E ratio of 17, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates McDonald's Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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