McDonald's (MCD) is the world's largest and oldest fast-food franchise. It operates close to 40,000 stores in the U.S., and around the world. The company recently joined several publicly listed companies taking steps to protect investors from rising inflation. First, it raised its dividend by 7%, to 1.38 per share. That's well above the inflation rate, which runs around 5% at the annual level. Second, it resumed its share repurchase program. That could offer further protection to investors from inflation, as stock repurchases are usually bullish for a company's shares. I am bullish on the stock.
https://www.tipranks.com/news/article/mcdonalds-is-on-the-right-side-of-inflation?utm_source=advfn.com&utm_medium=referral