An independent group of McDonald’s (NYSE:MCD) franchisees has expressed support for the company’s upcoming $5 value meal promotion, while also advocating for more backing from the corporation to ensure the discounted offering’s long-term viability. According to a CNBC report on Tuesday, the National Owners Association (NOA), a franchisee advocacy group, penned a letter to its members stating, “The fact remains that to provide the consumer with more affordable options, they must be affordable for
Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.67 per share of common stock payable on June 17, 2024 to shareholders of record at the close of business on June 3, 2024.
“We're in this inflationary mental cycle as much as we are an inflationary reality cycle,” Columbia professor Stephen Zagor tells Fortune.