MCD Dividend History & Analysis | 2.3% Yield

MCD has a dividend yield of 2.3% and paid 7.17 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.32%
Payout Ratio 60.2%
Growth Rate CAGR 5y 8.10%
Consistency Lifetime 94.9%
Yield on Cost 5y 3.85%
Payout FCF 68.7%
Streak Years 50
Dividend Rating 68.26%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Restaurants

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DRI 23,537 M 3.78% 5.64%
QSR 31,537 M 3.75% 4.59%
ARCO 1,666 M 3.23% 5.01%
SBUX 101,065 M 2.65% 3.37%
NATH 398 M 1.97% 3.90%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
DIN 557 M 44.0% 70.2%
TXRH 12,170 M 22.7% 95.6%
YUMC 16,842 M 18.9% 94.5%
DPZ 13,752 M 16.6% 70.2%
ARCO 1,666 M 17.0% 61.6%

MCD Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-01 2025-12-01 2025-12-15 Quarterly 1.86 5.1% 0.6%
2025-09-02 2025-09-02 2025-09-16 Quarterly 1.77 0% 0.57%
2025-06-02 2025-06-02 2025-06-16 Quarterly 1.77 0% 0.57%
2025-03-03 2025-03-03 2025-03-17 Quarterly 1.77 0% 0.57%
2024-12-02 2024-12-02 2024-12-16 Quarterly 1.77 6% 0.6%
2024-09-03 2024-09-03 2024-09-17 Quarterly 1.67 0% 0.58%
2024-06-03 2024-06-03 2024-06-17 Quarterly 1.67 0% 0.65%
2024-02-29 2024-03-01 2024-03-15 Quarterly 1.67 0% 0.57%
2023-11-30 2023-12-01 2023-12-15 Quarterly 1.67 9.9% 0.6%
2023-08-31 2023-09-01 2023-09-18 Quarterly 1.52 0% 0.54%
2023-06-02 2023-06-05 2023-06-20 Quarterly 1.52 0% 0.53%
2023-02-28 2023-03-01 2023-03-15 Quarterly 1.52 0% 0.58%
2022-11-30 2022-12-01 2022-12-15 Quarterly 1.52 10.1% 0.56%
2022-08-31 2022-09-01 2022-09-16 Quarterly 1.38 0% 0.54%
2022-06-03 2022-06-06 2022-06-20 Quarterly 1.38 0% 0.56%
2022-02-28 2022-03-01 2022-03-15 Quarterly 1.38 0% 0.56%
2021-11-30 2021-12-01 2021-12-15 Quarterly 1.38 7% 0.56%
2021-08-31 2021-09-01 2021-09-15 Quarterly 1.29 0% 0.55%
2021-05-28 2021-06-01 2021-06-15 Quarterly 1.29 0% 0.55%
2021-02-26 2021-03-01 2021-03-15 Quarterly 1.29 0% 0.61%
2020-11-30 2020-12-01 2020-12-15 Quarterly 1.29 3.2% N/A
2020-08-31 2020-09-01 2020-09-15 Quarterly 1.25 0% N/A
2020-05-29 2020-06-01 2020-06-15 Quarterly 1.25 0% N/A
2020-02-28 2020-03-02 2020-03-16 Quarterly 1.25 0% N/A
2019-11-29 2019-12-02 2019-12-16 Quarterly 1.25 7.8% N/A
2019-08-30 2019-09-03 2019-09-17 Quarterly 1.16 0% N/A
2019-05-31 2019-06-03 2019-06-17 Quarterly 1.16 0% N/A
2019-02-28 2019-03-01 2019-03-15 Quarterly 1.16 0% N/A
2018-11-30 2018-12-03 2018-12-17 Quarterly 1.16 14.9% N/A
2018-08-31 2018-09-04 2018-09-18 Quarterly 1.01 0% N/A
2018-06-01 2018-06-04 2018-06-18 Quarterly 1.01 0% N/A
2018-02-28 2018-03-01 2018-03-15 Quarterly 1.01 0% N/A
2017-11-30 2017-12-01 2017-12-15 Quarterly 1.01 7.4% N/A
2017-08-30 2017-09-01 2017-09-18 Quarterly 0.94 0% N/A
2017-06-01 2017-06-05 2017-06-19 Quarterly 0.94 0% N/A
2017-02-27 2017-03-01 2017-03-15 Quarterly 0.94 0% N/A
2016-11-29 2016-12-01 2016-12-15 Quarterly 0.94 5.6% N/A
2016-08-30 2016-09-01 2016-09-16 Quarterly 0.89 0% N/A
2016-06-02 2016-06-06 2016-06-20 Quarterly 0.89 0% N/A
2016-02-26 2016-03-01 2016-03-15 Quarterly 0.89 0% N/A
2015-11-27 2015-12-01 2015-12-15 Quarterly 0.89 4.7% N/A
2015-08-28 2015-09-01 2015-09-16 Quarterly 0.85 0% N/A
2015-05-28 2015-06-01 2015-06-15 Quarterly 0.85 0% N/A
2015-02-26 2015-03-02 2015-03-16 Quarterly 0.85 0% N/A
2014-11-26 2014-12-01 2014-12-15 Quarterly 0.85 4.9% N/A
2014-08-28 2014-09-02 2014-09-16 Quarterly 0.81 0% N/A
2014-05-29 2014-06-02 2014-06-16 Quarterly 0.81 0% N/A
2014-02-27 2014-03-03 2014-03-17 Quarterly 0.81 0% N/A
2013-11-27 2013-12-02 2013-12-16 Quarterly 0.81 5.2% N/A
2013-08-29 2013-09-03 2013-09-17 Quarterly 0.77 0% N/A

MCD Dividend FAQ

McDonald’s Corporation (NYSE:MCD) owns, operates, and franchises a global network of restaurants under the McDonald’s brand, offering a broad menu that includes burgers, chicken sandwiches, breakfast items, desserts, and a range of beverages. The company’s franchise model includes conventional franchises, developmental licenses, and affiliates, and it has been headquartered in Chicago, Illinois since its founding in 1940.

What is the Dividend Yield of MCD?

As of January 2026, MCD`s dividend yield is 2.32%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 7.17 USD by the current share price of 306.75.

Does MCD pay a dividend?

As of January 2026, MCD paid a dividend of 7.17 USD in the last 12 months. The last dividend was paid on 2025-12-01 and the payout was 1.86 USD.

How often does MCD pay dividends?

MCD pays dividends quarterly. Over the last 12 months, MCD has issued 4 dividend payments. The last dividend payment was made on 2025-12-01.

MCD dividend forecast

Based on historical data, the forecasted dividends per share for MCD for the next 4 payments are between 0.843 (-54.7%) and 1.235 (-33.6%).
This represents a significant dividend cut compared to the last payment.

Will MCD pay dividends in 2026?

The latest dividend paid per share was 1.86 USD with an Ex-Dividend Date of 2025-12-01. The next Ex-Dividend date for McDonald’s (MCD) is currently unknown.

What is the next Ex-Dividend Date for MCD?

The next Ex-Dividend date for McDonald’s (MCD) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MCD?

MCD's average dividend growth rate over the past 5 years is 8.10% per year.
Strong growth: MCD's Dividend growth is outpacing inflation.

What is the Yield on Cost of MCD?

MCD's 5-Year Yield on Cost is 3.85%. If you bought MCD's shares at 186.00 USD five years ago, your current annual dividend income (7.17 USD per share, trailing 12 months) equals 3.85% of your original purchase price.

What is the Payout Consistency of MCD?

MCD Payout Consistency is 94.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: McDonald’s has a strong track record of consistent dividend payments over its lifetime.

Does MCD have a good Dividend Yield?

MCD`s 2.32% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of MCD?

The Dividend Payout Ratio of MCD is 60.2%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of MCD?

MCD`s Overall Dividend Rating is 68.26%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MCD Outstanding Shares Analysis

What is the Trend in MCD's Outstanding Shares?

McDonald’s's outstanding shares have decreased by approximately 0.82% annually over the past 3 years (Trend Reliability: -100.0%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has MCD ever had a Stock Split?

Yes, the last stock split was on Mar 8, 1999 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 1,543,264,000
1986 1,532,008,000 -0.73%
1987 1,517,048,000 -0.98%
1988 1,505,280,000 -0.78%
1989 1,452,666,700 -3.5%
1990 1,424,705,900 -1.92%
1991 1,437,222,200 +0.88%
1992 1,446,000,000 +0.61%
1993 1,360,000,000 -5.95%
1994 1,344,000,000 -1.18%
1995 1,403,333,300 +4.41%
1996 1,378,000,000 -1.81%
1997 1,341,481,500 -2.65%
1998 1,357,300,000 +1.18%
1999 1,343,400,000 -1.02%
2000 1,300,700,000 -3.18%
2001 1,277,200,000 -1.81%
2002 1,269,600,000 -0.6%
2003 1,261,700,000 -0.62%
2004 1,268,500,000 +0.54%
2005 1,254,100,000 -1.14%
2006 1,201,200,000 -4.22%
2007 1,145,600,000 -4.63%
2008 1,103,243,400 -3.7%
2009 1,075,797,100 -2.49%
2010 1,037,576,700 -3.55%
2011 1,016,244,900 -2.06%
2012 1,010,700,000 -0.55%
2013 999,300,000 -1.13%
2014 971,500,000 -2.78%
2015 919,900,000 -5.31%
2016 829,700,000 -9.81%
2017 803,000,000 -3.22%
2018 776,600,000 -3.29%
2019 755,600,000 -2.7%
2020 751,000,000 -0.61%
2021 751,600,000 +0.08%
2022 736,000,000 -2.08%
2023 727,800,000 -1.11%
2024 719,700,000 -1.11%
2025 715,900,000 -0.53%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-13 02:44