McDonald's Stock To Go Ex-dividend Tomorrow (MCD)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for McDonald's Corporation (NYSE: MCD) is tomorrow, November 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $86.12 as of 9:40 a.m. ET, the dividend yield is 3.6%.

The average volume for McDonald's has been six million shares per day over the past 30 days. McDonald's has a market cap of $86.58 billion and is part of the services sector and leisure industry. Shares are down 14.4% year to date as of the close of trading on Tuesday.

McDonald's Corporation franchises and operates McDonald's restaurants in the global restaurant industry. Its restaurants offer various food items, soft drinks, coffee, and other beverages. The company operates approximately 34,000 restaurants in 120 countries around the world. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates McDonald's as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full McDonald's Ratings Report.

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