OAK BROOK, Ill., Sept. 21, 2017 /PRNewswire/ -- Today, McDonald's
Board of Directors approved the Company's 41st consecutive annual
dividend increase, raising the quarterly dividend 7% from
$0.94 to $1.01 per share of common stock, payable on
December 15, 2017 to shareholders of
record at the close of business on December
1, 2017. This brings the fourth quarter dividend payout to
approximately $800 million.
McDonald's President and Chief Executive Officer Steve Easterbrook said, "We continue to make
progress in building a better McDonald's with our Velocity Growth
Plan. Today's dividend increase reflects our confidence in the
strength of the business and our ability to deliver sustained,
long-term profitable growth for our system and our
shareholders."
Upcoming Communications
McDonald's plans to release third quarter results before the
market opens on October 24, 2017 and
will host an investor webcast. This webcast will be broadcast live
and available for replay for a limited time thereafter at
www.investor.mcdonalds.com.
About McDonald's
McDonald's is the world's leading global foodservice retailer
with approximately 37,000 locations in over 100 countries. Over 90%
of McDonald's restaurants worldwide are owned and operated by
independent local business men and women.
Forward-Looking Statements
This release contains certain forward-looking statements, which
reflect management's expectations regarding future events and
operating performance and speak only as of the date hereof.
These forward-looking statements involve a number of risks and
uncertainties. The factors that could cause actual results to
differ materially from our expectations are detailed in the
Company's filings with the Securities and Exchange Commission, such
as its annual and quarterly reports and current reports on Form
8-K. The Company undertakes no obligation to update such
forward-looking statements, except as may otherwise be required by
law.
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SOURCE McDonald's Corporation