2023-04-30 11:15:00 ET
There are no be-all and end-all metrics to measure the quality of a dividend-paying company. But one stands out above the rest: The number of consecutive years that a business has managed to grow its dividend.
Businesses with decades of dividend growth to their credit are almost guaranteed to be of world-class quality. With 46 years of dividend growth under its belt, McDonald's (NYSE: MCD) is one of the best businesses on the planet beyond a doubt. This raises the following question: Should dividend growth investors buy the stock now? Let's explore McDonald's fundamentals and valuation to find out.
McDonald's is synonymous with the quick-serve restaurant concept. That's because with over 40,000 (95% franchised) restaurants throughout the world, McDonald's stands above everyone else as the leader of its industry. The company's $211 billion market capitalization makes it bigger than the next two biggest publicly traded competitors combined .
For further details see:
Is This Unstoppable Dividend Stock a Buy?