5 Stocks to Buy with Steady Dividends

3. McDonald’s Corporation (NYSE:MCD)

Upside Potential as of September 4: 18.29%
Dividend Yield as of September 4: 2.16%
Number of Hedge Fund Holders: 68

McDonald’s Corporation (NYSE:MCD), an American multinational fast-food chain, remained popular among hedge funds in Q2 2023, as 68 funds in Insider Monkey’s database owned investments in the company, up from 64 in the previous quarter. The consolidated value of these stakes is over $4.2 billion.

On July 26, McDonald’s Corporation (NYSE:MCD) declared a quarterly dividend of $1.52 per share, consistent with its previous dividend. The company has raised its dividends for 46 consecutive years, which makes it one of the best stocks with steady dividends. As of September 4, the stock has a dividend yield of 2.16%.

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