How To Earn $500 A Month From McDonald’s Stock Ahead Of Q1 Earnings

URL has been copied successfully!

McDonald’s Corporation (NYSE:MCD) will release earnings for its first quarter before the opening bell on Thursday, May 7.

Analysts expect the company to report quarterly earnings of $2.74 per share, up from $2.67 per share in the year-ago period. The consensus estimate for McDonald’s quarterly revenue is $6.47 billion (it reported $5.96 billion last year), according to Benzinga Pro.

The company has topped analyst estimates for revenue in five of the last 10 quarters. That includes the most recently reported fourth quarter.

With the recent buzz around McDonald’s, some investors may be eyeing potential gains from the company’s dividends too. As of now, McDonald’s has an annual dividend yield of 2.61%, which is a quarterly dividend amount of $1.86 per share ($7.44 a year).  

So, how can investors exploit its dividend yield to pocket a regular …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here