Prediction: This Blue Chip Dow Jones Stock Will Become a Dividend King in 2026
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1976 is remembered by many as the bicentennial of the founding of the United States. But it was also the year that Dow Jones Industrial Average component McDonald's (NYSE: MCD) issued its first dividend. The world has changed a lot in the 49 years since 1976, but through it all, investors have been able to count on the fast-food giant regularly paying out -- and increasing -- a dividend to shareholders.The history of consistent increases continued last week when McDonald's announced a 5% dividend raise, putting it just one year and one more annual hike away from qualifying for membership in the elite group known as the Dividend Kings -- companies that have raised their dividends annually for 50 or more consecutive years.Let's take a closer look at some of the reasons why McDonald's has what it takes to maintain its dividend-raising streak for decades to come.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool