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%
Not a huge increase, but better than nothing. I'm hoping MCD sees greater dividend growth over the next few years. I'm Long MCD as well.
ReplyDeleteBig or small, I'll gladly take any dividend increase. :)
ReplyDeleteCheers to yet another raise without having to lift a finger! AFFJ