McDonald's Raises Quarterly Dividend 10% to $1.67 Per Share
October 04 2023 - 7:15PM
Dow Jones News
By Ben Glickman
McDonald's raised it's quarterly cash dividend to $1.67 a share
from $1.52, representing a 10% increase.
The Chicago-based restaurant chain said the dividend will be
payable Dec. 15 to stockholders of record as of Dec. 1.
The company said the dividend raise showed its confidence in its
growth strategy and its focus on long-term profitable growth for
shareholder. McDonald's said it had raised its dividend for 47
consecutive years.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 04, 2023 19:00 ET (23:00 GMT)
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