McDonald's Announces Quarterly Cash Dividend
McDonald's Board of Directors declared a quarterly cash dividend of $1.25 per share of common stock.
Sentiment and the balance of points
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Rhea-AI Summary
McDonald's Board of Directors declared a quarterly cash dividend of $1.25 per share of common stock. This dividend will be payable on September 15, 2020 to shareholders of record by the close of business on September 1, 2020. McDonald's operates approximately 38,000 locations globally, with 93% owned by independent business owners. Investors can find updates on future communications and disclosures on the company’s Investor Relations website.
Positive
- Declared a quarterly cash dividend of $1.25, indicating strong cash flow and commitment to returning value to shareholders.
Negative
- No significant negative aspects reported.
Details
News Market Reaction – MCD
The recorded move for MCD in the trading session of this news was +2.92%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO, July 21, 2020 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of
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 about 38,000 locations in over 100 countries. Approximately
Forward-Looking Statements
This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating 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 our expectations are detailed in the Company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.
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SOURCE McDonald's Corporation
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