Thursday, September 23rd the Board of McDonald's Corporation (MCD) announced a quarterly dividend increase of from $ 1.29 to $ 1.38 per share that’s payable December 15, 2021 to holders of record December 1, 2021. This represents a 6.98% increase over the last quarterly dividend.
McDonald's has a strong history of returning capital to its shareholders and has raised its dividend for 45 consecutive years since paying its first dividend in 1976. The new dividend of $1.38 per share is equivalent to $5.52 annually.