AFTER HOURS ACTION: MCDONALD'S
If you’re an investor McDonald’s is just McDreamy. The hamburger chain said on Thursday it would raise its quarterly cash dividend by 33 percent to 50 cents per share as strong sales helped boost its overall cash from operations.
"We are confident in our ability to invest in key growth opportunities and maintain a strong credit rating even as we return a significant amount of cash to shareholders," McDonald's Chief Executive Jim Skinner said in a statement.
The parade goes on, says Jeff Macke. It’s a nice little company.
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