McDonald's Reports Earnings Aug. 4. Here's How Much $10,000 Invested Pays Annually.
Ahead of its second-quarter earnings report, McDonald's is in a correction, but risk-tolerant dividend investors may want to sink their teeth into the stock.
Overview
Investors aren't lovin' it. McDonald's (NYSE: MCD) is slated to hit the earnings drive-thru on Tuesday, Aug. 4, and ahead of that report, the fast food stock is slumping.
As of July 29, shares of the burger chain are off 9.6% year to date, a showing that's more than 400 basis points worse than that of the broader consumer discretionary sector. McDonald's is also laboring 20.4% below its 52-week high.
McDonald's has a dependable dividend, but a lot needs to go right for the stock to rebound. Image source: Getty Images.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.