Dividend Kings and Aristocrats List: 10 Biggest Stocks

9. McDonald’s Corporation (NYSE:MCD)

Market Cap as of January 28: $199.5 billion 

McDonald’s Corporation (NYSE:MCD) is an American multinational fast-food chain The company maintains a 46-year track record of consistent dividend growth, which places it as one of the best dividend stocks on our list. It currently pays a quarterly dividend of $1.52 per share for a dividend yield of 2.23%, as of January 28.

Credit Suisse raised its price target on McDonald’s Corporation (NYSE:MCD) to $298 with an Outperform rating on the shares. The firm appreciated the company’s strength during the fourth quarter.

At the end of Q3 2022, 53 hedge funds tracked by Insider Monkey owned stakes in McDonald’s Corporation (NYSE:MCD), compared with 50 in the previous quarter. The collective value of these stakes is $1.8 billion.