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YUM - McDonald's Positioned Best In Industry During COVID-19 Pandemic
Yum! Brands Inc.
Introduction
The COVID-19 pandemic is creating challenging times for a dividend investor. I look for companies that can weather this economic downturn and can also continue to grow its dividend. McDonald’s (MCD) is the best stock in the fast food industry for income investors that want downside protection but seeking income that will continue to grow.
Dividend History
McDonald's has a great history of paying out dividends. They are considered a dividend aristocrat and have increased their dividend every year for the last 42 years. Over the last three years, the dividend