CHICAGO, Sept. 25,
2024 /PRNewswire/ -- Today, McDonald's Board of
Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on
December 16, 2024 to shareholders of
record at the close of business on December
2, 2024. The 6% increase over the Company's previous
quarterly dividend reflects continued confidence in
the Accelerating the Arches growth strategy and our
ability to drive long-term profitable growth for all
stakeholders.
McDonald's has a strong history of returning capital to its
shareholders and has raised its dividend for 48 consecutive years
since paying its first dividend in 1976. The new quarterly dividend
of $1.77 per share is equivalent to
$7.08 annually. The Company is
committed to its capital allocation philosophy of investing in
opportunities to grow the business and drive strong returns, and
returning free cash flow to shareholders over time through a
combination of dividends and share repurchases.
Upcoming Communications
For important news and information regarding McDonald's,
including the timing of future investor conferences and earnings
calls, visit the Investor Relations section of the Company's
Internet home page at www.investor.mcdonalds.com. McDonald's uses
this website as a primary channel for disclosing key information to
its investors, some of which may contain material and previously
non-public information.
About McDonald's
McDonald's is the world's leading global foodservice retailer
with over 40,000 locations in over 100 countries. Approximately 95%
of McDonald's restaurants worldwide are owned and operated by
independent local business owners.
Forward-Looking Statements
This document contains certain forward-looking statements, which
reflect management's expectations regarding future events and
operating performance and speak only as of the date hereof. In
particular, statements regarding McDonald's plans, strategies,
prospects and expectations regarding its business and industry are
forward-looking statements. They reflect McDonald's expectations,
are not guarantees of performance and speak only as of the date
hereof. These forward-looking statements involve a number of risks
and uncertainties. Factors that could cause actual results to
differ materially from expectations are detailed in the Company's
filings with the Securities and Exchange Commission, including the
Company's Form 10-Q filing for the quarter ended June 30, 2024. The Company undertakes no
obligation to update such forward-looking statements, except as may
otherwise be required by law. You should not rely unduly on
forward-looking statements.
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SOURCE McDonald's Corporation