McDonald's 52-Week Low: A Buy Opportunity for Long-Term Investors

McDonald's recently hit a 52-week low but could be a great buy for long-term investors. The company has struggled with declining same-store sales growth, citing a 'constrained consumer environment.' However, CFO Ian Borden assured that the company is taking urgent action to improve baseline guest traffic and put its US business in a stronger position.

One of the key reasons to consider buying McDonald's now is its dividend profile. The stock's forward dividend yield has increased to 2.8%, thanks to a recent 21% pullback from its late-February peak. Moreover, McDonald's has raised its dividend annually for 49 consecutive years and is on track to announce its 50th year of per-share dividend growth in September or October.

This could make it one of the market's few Dividend Kings, sparking a potential recovery rally as mutual funds and ETFs designed to own these companies will need to purchase shares. However, before investing in McDonald's, consider that The Motley Fool Stock Advisor analyst team didn't include it in their list of top 10 stocks for investors to buy now.