Back in June, we discussed, with some alarm, that McDonald's share price had drifted down to the mid-$200 range.
Is anyone watching the MCD stock price? - 6/18/24
We should now recognize that the MCD share price has finally topped $300 over the past week, driven by market momentum and an announced increase in the MCD dividend.
However, in the longer term, the increase comes from investors' confidence that McDonald's Owner/Operators will continue to follow corporate discounting plans.
Congratulations to MCD shareholders.
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