Can McDonald’s Corporation (MCD) Keep Serving Up Dividend Growth?

McDonald’s Corporation (NYSE:MCD) is included among the 10 Best Passive Income Stocks to Buy Now.

A cook in a busy kitchen assembling cheeseburgers for orders.

The company currently offers a quarterly dividend of $1.77 per share and has a dividend yield of 2.36%, as of July 10. It is just two years away from becoming a Dividend King, with a current dividend growth streak spanning 48 years.

McDonald’s Corporation (NYSE:MCD) reported mixed earnings in the first quarter of 2025. The company posted revenue of $5.96 billion, which fell by 3.45% from the same period last year and also missed analysts’ expectations by $170.2 million. It also saw a 1.0% drop in global comparable sales, but after accounting for the extra Leap Day in the previous year, sales were essentially flat. Over the past year, systemwide sales to loyalty program members across 60 markets surpassed $31 billion, with around $8 billion coming from the first quarter alone.

McDonald’s Corporation (NYSE:MCD) stands as the largest global foodservice retailer, operating more than 43,000 restaurants across over 100 countries. Roughly 95% of its locations are owned and run by independent local franchisees.

While we acknowledge the potential of MCD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Disclosure: None.