Jim Cramer on McDonald’s: “It’s Been an Amazing Company”
McDonald’s Corporation (NYSE:MCD) is one of the stocks Jim Cramer offered insights on. A caller asked how the dividend amount is determined for the stock, and Cramer remarked: “Well, look, they pay a dividend, it’s $1.77. They make, they have huge cash flow. They have no problem paying it. It’s a fantastic dividend. It’s been an amazing company. It does sell at market multiple 25 times earnings. I have to tell you, if you own McDonald’s here, you bought McDonald’s here at 302, I think a year from now, you ...