McDonald’s. Kayley Boylan Accounting-4. History Timeline. 1940: Dick and Mac McDonald open McDonald’s Bar-B- Que restaurant on Fourteenth and E streets in San Bernardino, California
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1940: Dick and Mac McDonald open McDonald’s Bar-B-Que restaurant on Fourteenth and E streets in San Bernardino, California
1948: McDonald brothers shut down restaurant for 3 months for alterations. Reopens as a self-service drive-in restaurant. Menu is reduced to 9 items: hamburger, cheeseburger, soft drinks, milk, coffee, potato chips, and a slice of pie
1949: French fries replace chips and the triple thick milkshakes are debuted
MCD is a dividend powerhouse. They have increased their dividend every year since paying their first one in 1976, and I believe this will continue into the future. The current quarterly rate of $0.61 a share equals an annual dividend of $2.44, and the stock currently yields 3.3%.
I would recommend buying stock in McDonalds because there are always people who are going to eat fast food. Yes, there is a health kick going on in our country right now but people will still be buying things from McDonalds.