McDonald's: Dividend Metrics Point To Further Growth

Individual Trader
17.84K Followers

Summary

  • McDonald's shares once more are battling to stay above the 200-day moving average.
  • The restaurant chain beat earnings and sales estimates in the first quarter.
  • Earnings and cash flow trends suggest dividend growth will continue.

La entrada al restaurante McDonald " s en la calle de Londres

Roger Utting Photography/iStock Editorial via Getty Images

Intro

It will be interesting to see if shares of McDonald's Corporation (NYSE:MCD) can remain above their 200-day moving average in upcoming sessions. As we can see below from the technical chart, shares convincingly

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This article was written by

17.84K Followers
Individual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. Risk management is controlled through position sizing & the use of trailing stop losses over time.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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