Friday, September 22, 2017

Dividend Increase – McDonald's Corp. (MCD)

Yesterday McDonald's announced a quarterly dividend increase of from $ 0.94 to $ 1.01 per share that’s payable December 15, 2017 to holders of record December 1, 2017. This represents a 7.45% 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 $ 159.03 (yesterday's close), this raise brings their dividend yield to 2.54%. 

Since I own 20 shares this will increase my yearly net dividends by $ 4.17.

That increase rises my YOC to 4.28

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

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