|Bid||251.10 x 1000|
|Ask||252.75 x 1100|
|Day's range||248.78 - 251.87|
|52-week range||217.68 - 271.15|
|Beta (5Y monthly)||0.57|
|PE ratio (TTM)||26.58|
|Earnings date||26 Jul 2022 - 01 Aug 2022|
|Forward dividend & yield||5.52 (2.26%)|
|Ex-dividend date||28 Feb 2022|
|1y target est||279.09|
The world's largest burger chain, with nearly 850 restaurants in Russia, is selling up to one of its local licensees in response to Russia's military campaign in Ukraine and the subsequent wave of Western outrage and sanctions. The company said on Friday that the trademarks registered with Russia's Rospatent agency, from which it ultimately planned to choose one brand, also included "Just Like That" and "Open Checkout". McDonald's, which owns 84% of its restaurants in Russia, is one of the biggest international brands to leave since February.
Billionaire activist had sought two board seats at fast-food chain in campaign to end caging of sows
Shareholders have reelected all of McDonald's Corp's directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his campaign over animal welfare. Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said. "McDonald’s shareholders value a Board of Directors with a breadth of experiences to advise the Brand on the multitude of issues that can impact the business on a daily basis," board chairman Enrique Hernandez, Jr. said in a statement.