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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
  -1.99 -0.82% 240.785 242.645 240.40 241.82 1,775,285 19:32:48

McDonald's Raises Dividend, Resumes Share Repurchases

24/09/2021 12:12am

Dow Jones News


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By Stephen Nakrosis

 

McDonald's Corp. on Thursday said its board declared a quarterly cash dividend of $1.38 per share, a 7% increase over the company's previous dividend.

The new dividend will be payable December 15 to shareholders of record at the close of business on December 1, the company said.

"The dividend increase reflects confidence in the Accelerating the Arches growth strategy and a continued focus on driving long-term profitable growth for all stakeholders." McDonald's said.

Also on Thursday, the company said it was resuming its share repurchase program.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 23, 2021 18:57 ET (22:57 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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