Yesterday McDonald's announced a quarterly dividend increase of from $0.85 to $0.89 per share that’s payable December 15, 2015 to holders of record December 1, 2015. This represents a 4.71% 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 $112.93 (yesterday close), this raise brings their dividend yield to 3.15%.
Since I own 20 shares this will increase my yearly net dividends by $2.38.
That increase rises my YOC to 3.77%