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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 |
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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