Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
Dow Jones Industrial Average
) is trading up 32 points (+0.2%) at 14,808 as of Wednesday, Aug 28, 2013, 10:35 a.m. ET. During this time, 123.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 539.8 million. The NYSE advances/declines ratio sits at 1,610 issues advancing vs. 1,233 declining with 122 unchanged.
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Thursday, August 29, 2013 is the ex-dividend date for Dow component
). Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $96.20 as of 10:35 a.m. ET, the dividend yield is 3.2% compared to the average Dow component yield of 2.7%.
The average volume for McDonald's Corporation has been 4.7 million shares per day over the past 30 days. McDonald's Corporation has a market cap of $95.28 billion and is part of the services sector and leisure industry. Shares are up 7.5% year to date as of Tuesday's close.
McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company has a P/E ratio of 17.5, equal to the average leisure industry P/E ratio.
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TheStreet Ratings rates McDonald's Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in stock price during the past year, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full McDonald's Ratings Report.