Finance2 sources
McDonald's to Join Dividend King Club with Increased Payout
- McDonald's will join fewer than 60 U.S. public companies as a Dividend King.
- The company's latest quarterly payout is $1.93 per share, a 4% increase from the prior payout.
- McDonald's has a forward dividend yield of 3.2% at $7.72 per share.
- The fast food giant has paid and raised its dividends for at least 50 consecutive years.
- The designation of Dividend King is for companies that have consistently increased their dividends for 50 years.
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