Mcdonald's
MCD

Mcdonald's (MCD) dividend history and yield

Dividend summary

Frequency
Quarterly
Trailing 12 months
$7.44
Forward yield
3.07%
Payout ratio
59.3%
Growth streak
5 years

McDonald's pays a quarterly dividend of $1.86 per share, and a higher rate is already declared. The next payment, $1.93 per share, has an ex-date of December 1, 2026 and a pay date of December 15, 2026. The most recent paid dividend went ex on September 1, 2026 and was paid on September 16. Over the trailing twelve months, McDonald's paid $7.44 per share, a yield of about 3.21% at a share price of $231.89.

The record shows a steady yearly rhythm. Each raise has come with the payment that goes ex-dividend in late November or early December. The rate went from $1.38 to $1.52 in 2022, then to $1.67 in 2023, $1.77 in 2024, $1.86 in 2025 and $1.93 in 2026. The raises have narrowed over time, from 10.1% and 9.9% to 6.0%, 5.1% and now 3.8%. Since early 2022, the quarterly rate has grown about 40%. Payments by calendar year rose from $5.66 in 2022 to $7.17 in 2025. The company has increased its dividend for five consecutive years.

If the pattern holds, the payment after December would go ex-dividend in early March 2027 and be paid in mid-March.

Dividend per share by year

2026
$7.51
2025
$7.17
2024
$6.78
2023
$6.23
2022
$5.66
2021
$5.25
2020
$5.04

Dividend history

DeclaredEx-dividend datePay dateAmount
—Dec 1, 2026Dec 15, 2026$1.93
Jul 23, 2026Sep 1, 2026Sep 16, 2026$1.86
May 20, 2026Jun 2, 2026Jun 16, 2026$1.86
Feb 4, 2026Mar 3, 2026Mar 17, 2026$1.86
Oct 22, 2025Dec 1, 2025Dec 15, 2025$1.86
Jul 22, 2025Sep 2, 2025Sep 16, 2025$1.77
May 20, 2025Jun 2, 2025Jun 16, 2025$1.77
Feb 6, 2025Mar 3, 2025Mar 17, 2025$1.77
Sep 25, 2024Dec 2, 2024Dec 16, 2024$1.77
Jul 25, 2024Sep 3, 2024Sep 17, 2024$1.67
May 22, 2024Jun 3, 2024Jun 17, 2024$1.67
Feb 7, 2024Feb 29, 2024Mar 15, 2024$1.67
Oct 4, 2023Nov 30, 2023Dec 15, 2023$1.67
Jul 25, 2023Aug 31, 2023Sep 18, 2023$1.52
May 25, 2023Jun 2, 2023Jun 20, 2023$1.52
Feb 2, 2023Feb 28, 2023Mar 15, 2023$1.52
Oct 13, 2022Nov 30, 2022Dec 15, 2022$1.52
Jul 28, 2022Aug 31, 2022Sep 16, 2022$1.38
May 26, 2022Jun 3, 2022Jun 20, 2022$1.38
Jan 20, 2022Feb 28, 2022Mar 15, 2022$1.38

Frequently asked questions

  • Does Mcdonald's (MCD) pay a dividend?

    Yes. Mcdonald's pays a quarterly dividend; the most recent payment was $1.93 per share.

  • What is MCD's dividend yield?

    Mcdonald's paid $7.44 per share over the trailing twelve months, a yield of 3.07% at the last price of $242.50. Click here to learn more

  • When is MCD's next ex-dividend date?

    Mcdonald's's next ex-dividend date is Dec 1, 2026, payable on Dec 15, 2026.

  • What is the difference between ex and payment dates?

    An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more

  • Has MCD been raising its dividend?

    Yes — Mcdonald's has increased its dividend for 5 consecutive calendar years.

Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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