1 Reason to Buy and Hold This Dividend Stock for the Next 10 Years

McDonald's achieved Dividend King status by raising its dividend for 50 consecutive years, with a recent 4% increase to $1.93 per share. Despite the stock trading near 52-week lows (down 23% year-to-date due to inflation and higher costs), the company unveiled its NEXT strategic plan targeting a 50% operating margin by 2030 and investing $8.5 billion through 2036 to modernize operations and improve efficiency.