McDonald's increases dividend for 38th consecutive year
The quarterly dividend is raised by 5% to $0.85 per share. It's the 38th consecutive year that McDonald's has increased the dividend.
The new annual dividend of $3.40 gives the stock an indicated dividend yield of 3.6% at the current stock price of $94.
In 2014 McDonald's has returned $3.2 billion of cash to shareholders through dividends and share repurchases. The company plans to return a total of $16-20 billion in cash to shareholders between 2014 and 2016.
The dividend is raised every year since the first payment was made in 1976.
The new annual dividend of $3.40 gives the stock an indicated dividend yield of 3.6% at the current stock price of $94.
In 2014 McDonald's has returned $3.2 billion of cash to shareholders through dividends and share repurchases. The company plans to return a total of $16-20 billion in cash to shareholders between 2014 and 2016.
The dividend is raised every year since the first payment was made in 1976.
