McDonald's (MCD) has been serving up its signature burgers and other popular offerings, like Chicken McNuggets and Eggs McMuffin, for decades. Apart from its reliably consistent menu, McDonald's is also a part of the elite “Dividend Aristocrats” group - members of the S&P 500 Index ($SPX) that have raised their dividend payments for 25 consecutive years or more.
And as the fast food chain embarks on a major investment initiative that includes a Google (GOOGL) partnership on artificial intelligence (AI), now may be an opportune time to scoop up shares of MCD for a combo of income and growth.
