5 Best Consumer Discretionary Dividend Stocks To Buy According to Analysts

4. McDonald’s Corporation (NYSE:MCD)

Upside Potential as of April 24: 16.77%

McDonald’s Corporation (NYSE:MCD) is a multinational leading fast-food chain that deals in a wide variety of menu items and beverages. The company has been growing its dividends consistently for the past 47 years and offers a quarterly dividend of $1.67 per share. As of April 24, the stock has a dividend yield of 2.67%. With an upside potential of 16.7%, MCD is one of the best dividend stocks to buy according to analysts.

At the end of December 2023, 63 hedge funds in Insider Monkey’s database owned stakes in McDonald’s Corporation (NYSE:MCD), down from 70 in the previous quarter. The consolidated value of these stakes is over $2 billion.

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