McDonald's (MCD) Raises Quarterly Dividend 7.4% to $1.01; 2.5% Yield

McDonald's (NYSE: MCD) declared a quarterly dividend of $1.01 per share, or $4.04 annualized. This is a 7.4% increase from the prior dividend of $0.94.

The dividend will be payable on December 15, 2017, to stockholders of record on December 1, 2017, with an ex-dividend date of November 30, 2017.

The annual yield on the dividend is 2.5 percent.

McDonald's President and Chief Executive Officer Steve Easterbrook said, "We continue to make progress in building a better McDonald's with our Velocity Growth Plan. Today's dividend increase reflects our confidence in the strength of the business and our ability to deliver sustained, long-term profitable growth for our system and our shareholders."

For a dividend history and other dividend-related data on McDonald's (MCD) click here.

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