McDonald's S&P 500 dividend stock down 10% from January peak: potential buy and hold option.

McDonald's (MCD) is a top S&P 500 dividend stock, down 10% from its January peak. It's a well-known fast-food chain with over 42,000 locations worldwide. Despite being at or near all-time highs, this stock is a potential buy and hold option for investors seeking dividends, as it may not see significant discounts again soon. McDonald's did nearly $25B in business last year, turning $8.5B into net income.

May 18, 2024
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