Tuesday, December 30, 2008

McDonald's Continues to Grow Despite Economic Trends

McDonald's Corp.'s strong November sales reported Monday show how the world's largest restaurant chain has managed to hold up better than many other large companies amid the economic downturn.
Of the 30 companies that make up the Dow Jones Industrial Average, only McDonald's and Wal-Mart Stores Inc. have a higher stock price today than they did a year ago. In September, as the global financial crisis was unfolding, McDonald's increased its quarterly dividend to shareholders by 33%.

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