Dividend Kings: MSFT & MCD Stand Out Amid Notable Raises

The past week saw several notable dividend announcements, with over 1,200 stocks tracked by Seeking Alpha's analysis. Among them were Microsoft (MSFT), McDonald's (MCD), JPMorgan Chase (JPM), and Ingredion (INGR). MSFT stands out for its quality score of 9.29 and AAA rating, but its yield is relatively modest at 0.79%. MCD celebrated its 50th consecutive dividend increase, solidifying its Dividend King status.

However, caution is warranted due to MCD's D- safety grade and weak credit metrics. INGR and MCD offer the largest discounts to fair value among Investment Grade names, with upside potential of 8.38% and 7.55%, respectively.