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MCD McDonalds Corp

270.53
-2.75 (-1.01%)
Last Updated: 16:59:54
Delayed by 15 minutes
Share Name Share Symbol Market Type
McDonalds Corp NYSE:MCD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.75 -1.01% 270.53 274.62 268.89 274.14 1,050,934 16:59:54

McDonald's Raises Quarterly Dividend 10% to $1.67 Per Share

05/10/2023 12:15am

Dow Jones News


McDonalds (NYSE:MCD)
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By Ben Glickman

 

McDonald's raised it's quarterly cash dividend to $1.67 a share from $1.52, representing a 10% increase.

The Chicago-based restaurant chain said the dividend will be payable Dec. 15 to stockholders of record as of Dec. 1.

The company said the dividend raise showed its confidence in its growth strategy and its focus on long-term profitable growth for shareholder. McDonald's said it had raised its dividend for 47 consecutive years.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

October 04, 2023 19:00 ET (23:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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