Dividend Aristocrat McDonald’s (Ticker: MCD) increases its quarterly cash dividend of $1.25 per share of common stock payable on December 16, 2019 to shareholders(Record day December 2, 2019). This represents an 8% increase compared to the Company’s previous quarterly dividend of $1.16.
McDonald’s has raised its dividend for 43 consecutive years since paying its first dividend in 1976. The new quarterly dividend of $1.25 per share is equivalent to $5.00 annually. In addition, 2019 represents the final year of the Company’s three-year cash return to shareholders target of about $25 billion.
The current dividend yield is 2.24% and McDonald’s has a market cap of $159 billlion.
See below McDonald’s dividend payment history since 2005:
