Yesterday McDonald's announced a quarterly dividend increase of from $0.81 to $0.85 per share that’s payable December 15, 2014 to holders of record December 1, 2014. This represents a 5% increase to regular quarterly dividends.
McDonald's has raised its dividend each and every year since paying its first dividend in 1976. With current price $93.48 (yesterday close), this raise brings their dividend yield to 3.64%.
My intent is to increase the McDonald's share in the portfolio over the coming months.
Since I own 20 shares this will increase my yearly net dividends by $2.39.
That increase rises my YOC to 3.74%
Click here to see my portfolio holdings.
You can follow the development of my dividends here.