The dividend ispayable on December 15, 2022, to shareholders of record at the close of business on December 1, 2022.
The new dividend of $1.52 per share is equivalent to $6.08 annually.
The company has raised its dividend for 46 consecutive years since paying its first dividend in 1976.
McDonald’s held $1.9 billion in cash and equivalents as of June 30, 2022.
Price Action: MCD shares are trading lower by 0.15% at $246.31 in premarket on the last check Friday.
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McDonald’s (MCD) raises its quarterly dividend by 10% to $1.52 per share. The company has a history of increasing dividends every year since the inception of its dividend payout policy in 1976.
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