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McDONALD'S ANNOUNCES QUARTERLY CASH DIVIDEND

On February 2, 2023, McDonald's Board of Directors declared a quarterly cash dividend of $1.52 per share of common stock.

(Neutral)

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Rhea-AI Summary

On February 2, 2023, McDonald's Board of Directors declared a quarterly cash dividend of $1.52 per share of common stock. This dividend will be payable on March 15, 2023 to shareholders on record by the close of business on March 1, 2023. McDonald's, the world's leading global foodservice retailer, operates over 40,000 locations across more than 100 countries, with approximately 95% of its restaurants being independently owned and operated. Investors can find important news and updates through the company's Investor Relations website.

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Positive

  • Quarterly cash dividend declared at $1.52 per share, indicating a commitment to returning value to shareholders.
  • Payment date set for March 15, 2023, fostering investor confidence.
  • Strong global presence with over 40,000 locations enhances revenue stability.

Negative

  • None.
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+0.39% session move Open Argus
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News Market Reaction – MCD

The recorded move for MCD in the trading session of this news was +0.39%.

Data tracked by StockTitan Argus. Session date unavailable.

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CHICAGO, Feb. 2, 2023 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.52 per share of common stock payable on March 15, 2023 to shareholders of record at the close of business on March 1, 2023.

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. 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 risk factors discussed in Exhibit 99.2 to the Company's Form 8-K filing on January 31, 2023. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.

 

Cision View original content:https://www.prnewswire.com/news-releases/mcdonalds-announces-quarterly-cash-dividend-301737851.html

SOURCE McDonald's Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by McDonald's on February 2, 2023?

McDonald's declared a quarterly cash dividend of $1.52 per share.

When is the dividend payment date for McDonald's in March 2023?

The dividend payment date is March 15, 2023.

Who qualifies for the McDonald's dividend declared on February 2, 2023?

Shareholders on record by the close of business on March 1, 2023, qualify for the dividend.

How often does McDonald's declare dividends?

McDonald's typically declares dividends on a quarterly basis.

What is the significance of McDonald's dividend for its shareholders?

The dividend represents a direct financial return to shareholders, reflecting the company's profitability and commitment to investor returns.

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