McDonald's Increases Dividend by 6% to Reward Its Investors
MCDMcDonald's(MCD) ZACKS·2024-09-26 21:45

McDonald’s Corporation (MCD) announced a 6% increase in its quarterly cash dividend. This was a strategic move to reaffirm the company’s commitment to its shareholders. MCD declared a dividend of $1.77 per share of common stock, payable on Dec. 16, 2024, to its shareholders of record as of Dec. 2.This marks yet another sign of McDonald's continued confidence in its "Accelerating the Arches" growth strategy and the company’s ability to generate sustainable long-term profitability.The 6% increase brings the a ...