Are You Ready to Earn $500 Passive Income? Here’s Why You Should Buy 75 Shares of This Super-Safe Dividend Stock
Investing in dividend-paying stocks is a great way to secure passive income, and the Motley Fool Stock Advisor recently found one of the best for investors to consider: McDonald’s. Here’s why you should buy 75 shares of this super-safe dividend stock today.
Why Invest in McDonald’s?
McDonald’s is one of the largest and most recognizable fast-food brands in the world. It’s an iconic part of the American economy and, more recently, other countries too. The stock has been well-performing over the past few years as well, producing extended increases in price and giving investors the opportunity to make strong returns on their investments.
Additionally, McDonald’s has a consistent dividend payout for investors, which adds to the stock’s value. Over the last five years, the average dividend return from the company has been around 4.4%. This means that for every $1,000 invested in the company, investors can expect to receive $44 in passive income for each year of their investment.
The Motley Fool’s 10 Best Stocks for Investors to Buy Now
The Motley Fool Stock Advisor has identified 10 best stocks for investors to buy now and McDonald’s made the list. This team of experienced investors provides valuable guidance for building portfolios, regular updates from analysts, as well as two new stock picks each month.
The past performance of the Motley Fool Stock Advisor has been impressive. Since 2002, the service has more than tripled the return of the S&P 500. That’s an impressive statistic that Mexican investors should take into account when investing in McDonald’s.
How Can You Secure Passive Income Through McDonald’s Dividend Stock?
Assuming stock prices of Jan. 1, 2024, if you invested $1,000 in McDonald’s, you’d receive 75 shares of the stock. By the end of the year, your dividends would equate to around $330 in passive income for you. This is a great way to ensure that you receive consistent income from your investment.
Conclusion
McDonald’s is not just an iconic part of America’s landscape — it’s also a great stock for passive income investors. Thanks to the Motley Fool’s Stock Advisor program, investors have access to the 10 best stocks in their portfolios, including McDonald’s, and can secure consistent returns and passive income over the years. By investing $1,000 in McDonald’s, investors can receive around $330 in dividends each year.