COVID-19 has massacred many businesses in the F&B industry.
Not only that, you see across the world, many restaurants, cafes and fast-food chains had to shut their operations during the pandemic outbreak.
And to make matters worse, many are still paying rent with little or no sales in sight.
But this particular business is still surprisingly resilient. And what’s even better is its also a safe stock for investors who like to grow their wealth securely into retirement.
Its Famous Golden Arches is Paying Good Dividends
McDonald’s (NYSE: MCD) is a US$157 billion fast-food giant. You’d probably are familiar with the company.
This is one of the largest fast-food chains in the world, with around 39,000 restaurants in more than 100 countries worldwide.
And its famous golden arches, in my opinion, makes it one of the most recognized brands, alongside Apple or Starbucks.
You see, McDonald’s products are addictive....