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McDonald's Corporation (MCD)
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MCD Dividends

McDonald's Corporation (MCD) pays $7.35 in dividends per share, with a current dividend yield of 2.59%. The company has dividend history for 48 consecutive years.

MCD Dividend Summary

Consecutive Years

48

Most Recent Ex-Date

Jun 2, 2026

Next Payment Date

Jun 16, 2026

MCD Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

MCD Dividends CAGR Chart

McDonald's Corporation (MCD)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$3.72
2025$7.17+5.75%
2024$6.78+8.83%
2023$6.23+10.07%
2022$5.66+7.81%
2021$5.25+4.17%
2020$5.04+6.55%
2019$4.73+12.89%
2018$4.19+9.40%
2017$3.83+6.09%
2016$3.61+4.94%
2015$3.44+4.88%
2014$3.28+5.13%
2013$3.12+8.71%
2012$2.87+13.44%
2011$2.53+11.95%
2010$2.26+10.24%
2009$2.05+26.15%
2008$1.63N/A
2007$1.50+50.00%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.86+5.08%
Q1 2026$1.86+5.08%
Q4 2025$1.86+5.08%
Q3 2025$1.77+5.99%
Q2 2025$1.77+5.99%
Q1 2025$1.77+5.99%
Q4 2024$1.77+5.99%
Q3 2024$1.67+9.87%
Q2 2024$1.67+9.87%
Q1 2024$1.67+9.87%
Q4 2023$1.67+9.87%
Q3 2023$1.52+10.14%
Q2 2023$1.52+10.14%
Q1 2023$1.52+10.14%
Q4 2022$1.52+10.14%
Q3 2022$1.38+6.98%
Q2 2022$1.38+6.98%
Q1 2022$1.38+6.98%
Q4 2021$1.38+6.98%
Q3 2021$1.29+3.20%
Q2 2021$1.29+3.20%
Q1 2021$1.29+3.20%
Q4 2020$1.29+3.20%
Q3 2020$1.25+7.76%

Dividend Yield Metrics

Current Yield
2.59%
Average Yield (TTM)
2.59%
Average Yield (3Y)
2.37%
Forward Yield on Cost (3Y)
3.53%
Forward Yield on Cost (5Y)
4.35%
Forward Yield on Cost (10Y)
7.32%

Payout Ratio Analysis

Payout Ratio (Current)
61.25%
FCF Payout Ratio
74.49%
Payout Ratio (3Y Avg)
57.51%
Payout Ratio (5Y Avg)
58.38%
FCF Payout (3Y Avg)
68.89%
FCF Payout (5Y Avg)
67.56%

Dividend Coverage

Payout Ratio
61.3%
Dividends / net income
FCF Payout Ratio
74.5%
Dividends / free cash flow
Consecutive Years
48 years
Years with regular dividend payments
5Y Dividend Growth
7.3%
Compound annual dividend growth

About McDonald's Corporation

McDonald's Corporation operates and licenses its renowned fast-food chain worldwide, with a significant presence in both the United States and international markets. Their comprehensive menu offers classic items like hamburgers and cheeseburgers, a variety of chicken options including sandwiches and nuggets, alongside lighter choices such as wraps, french fries, and salads. For breakfast, patrons can select from offerings like biscuit and bagel sandwiches, breakfast burritos, and hotcakes. Additionally, the company provides oatmeal, an assortment of desserts including milkshakes, sundaes, and soft-serve ice cream, plus a selection of baked goods. A wide array of soft drinks, coffee, and other beverages completes their offering. By December 31, 2021, the corporation's global network encompassed 40,031 establishments. McDonald's Corporation, founded in 1940, has its main corporate office located in Chicago, Illinois.

Chicago, IL
150,000 employees
Consumer Cyclical / Restaurants
Sector
Consumer Cyclical
Industry
Restaurants
CEO
Christopher J. Kempczinski