McDonald's serves up dividend and buyback plan
The fast food giant announced plans to return between $18 billion and $20 billion to shareholders between 2014 and 2016.
McDonald's and Taco Bell have lost their way. They ruled in the 70s, 80s and 90s. They had a staff made up largely of minors that higher goals in life. Now they staff there shops with adults that can't be told what to do. The evidence is in filthy dining rooms, slow service and poor execution. And for this they think they deserve a raise??? Customers can see this. The evidence will one day show itself in earnings.
SORRY, but not to sound cruel, but I have to side with another "reply" commenter...
Shareholders are a majority owner of the Company..
McD's was not meant nor will ever be a career for MOST employees..
An individual can work their way up and probably get better pay and benefits..
But shareholders and owners burden "the risk of failure or loss."
And without them in some communities; 20-30 jobs would not be available at a location..
Those are part time and full time jobs, and bring in cash and trade into a Community.
Plus job training for younger individuals...
I have "no dog in the fight" as an owner, stockholder or employee...
But years past Mickey D's has given our kids or G-kids a chance at improvement and they all moved on to much better things and jobs...I don't remember them crying or whining a lot about it either, unless they had to "open early" or "stay real late"...
I'm glad they were around in the 50s and 60s to get cheap burgers and fries...For us..
If the jobs were here and people could advance but were choosing not to and holding back our nation this would be an issue. But employment beyond the service industry or assembly doesn't exist in America anymore. This is because those that pretend to be patriots would sell out the people that produce natural resources here by pitting them against foreign producers to push prices down and bankrupt American companies and ship money overseas. The US is rich in natural resources and the ability to create items from start to finish here but the traitors that would cause American companies to fail, put workers on the streets, and do everything possible to circumvent American competition have total control over the US and will continue to ship and hold money overseas rather than reinvest here. The best way to put people back to work is to raise tariffs and get companies to buy materials for their final products here. Assembled in America means nothing compared to Made in America. Assembly takes a lot less skill than running the machines that make the parts that are being assembled. Prices may rise at first but in the long run it will spawn many small companies that have the ability to adjust to changing markets faster through fewer layers of administration leading to efficiencies that the current "too big to fail" companies lack. Business practices are better at small companies as well since workers can actually meet those that employ them and hold them accountable without the absurdly large unions that are currently needed to combat absurdly large companies.
The US has fallen behind because she has been systematically sold out to a corporate system that lacks accountability.
Wake up folks. McD workers wan’t $15 an hour for what? $15 an hour at 35 hours a week and 52 weeks a year = $27,000+ a year. US Military, E4 with OVER 3 years experience = $26,600. McD worker gets to flip burgers and hand out toys. If you don't know what a military member has to do I won’t waste any more time on you. McD is an entry level position - just like Wally-World and a hundred other places. Want more - get an education. Lots of McD and Wally-World folks started at min wage, got an education, and are now management FOR THOSE SAME corporations. Progression in life = your ambition FOR life.
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