McDonald's to receive first Dividend King dividend if held by December 1
MCD McDonald's Corp
$242.67 -0.12%
View chart & analysis → - 1McDonald's (MCD) joins the Dividend Kings, a group of companies that have increased dividends for 50 consecutive years
- 2Quarterly dividend increased by 4% to $1.93 per share, with an expected dividend yield of 3.2% based on $7.72 annually
- 3Stock price has fallen 20.5% this year, with a P/E ratio of 19.7, below the 10-year median of 25.8
So what's the key point?
McDonald's has newly joined a group of companies that have raised their dividends for 50 years in a row. While the stock price fell 20.5% this year, the dividend yield has increased to 3.2% as a result.
Source The Motley Fool +1 · View original ↗
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