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McDonald's Increases Dividend for 50th Consecutive Year and Existing Home Sales Decline

The Motley Fool +1 ·

HD Home Depot Inc
$319.83 -2.41%
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  1. 1The McDonald's board of directors decided to increase the December quarterly dividend by 3.8% to $1.93.
  2. 2McDonald's has joined the Dividend Kings by increasing its dividend for 50 consecutive years.
  3. 3According to National Association of Realtors data, existing home sales in August decreased by 2.5% year-over-year.

So what's the key point?

McDonald's raised its dividend to $1.93. This is a company that has continued to increase its dividend for 50 years.

Source The Motley Fool +1 · View original ↗

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