Dividends
MCD Dividend History, Yield & Dates
Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date
MCDMcDonald's Corporation
Consumer Cyclical / Restaurants
Low Priority
Above Peers
Latest quote
- Momentum79
- Value35
- Quality56
- Risk resilience44
- Sentiment—
MCD Dividend answer
McDonald's Corporation (MCD) pays a quarterly dividend. Forward dividend yield: 2.99%, or $7.72 a year at the latest dividend. Trailing 12-month yield: 2.88%, from $7.44 per share paid over the past year. Its latest dividend was $1.93 per share. Latest ex-dividend date: Dec 1, 2026. Payment date: Dec 15, 2026. Next dividend status: announced at $1.93 per share.
MCD Dividend Snapshot
Yield, annual dividend, latest payment, payout coverage, growth, and dividend history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.
Next MCD Dividend Date
When MCD next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.
Next MCD dividend
MCD's announced dividend calendar data is shown separately from historical payments so future dates do not get blended into completed dividend history.
Latest MCD Dividend Dates
Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.
AIQ Dividend bridge
Margins, returns, leverage, and cash conversion support dividend durability.
Yield is more useful when valuation context is not stretched.
Lower drawdown and balance-sheet risk can improve income dependability.
MCD Dividend History
Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.
Dividend reliability
Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.
MCD Annual Dividend History
MCD Dividend Growth
Latest row amount $1.86, event yield 2.85%.
This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.
Dividend growth
- 5-year regular dividend CAGR
- 7.30%
- Cohort rank
- #173
- Cohort standing
- Top half
- Consumer Cyclical rank
- #19
- 2020 regular DPS
- $5.040
- 2025 regular DPS
- $7.170
- Absolute change
- $2.130
- Years increased
- 5
- Years reduced
- 0
MCD's split-adjusted regular dividend per share grew at 7.30% a year from 2020 through 2025, ranking #173 among US dividend-paying corporations that never cut the payout in AlgovestIQ's study.
Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.
MCD Dividend Yield
How MCD's trailing 12-month dividend yield is calculated, and what it does and does not account for.
Yield methodology
MCD's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.
Dividend coverage
Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.
Recent MCD dividend payments
| Ex-date | Dividend | Adjusted | Yield at ex-date | Frequency | TTM adjusted | Declared | Record date | Payment date |
|---|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | $1.86 | $1.86 | 2.85% | Quarterly | $7.44 | Jul 23, 2026 | Sep 1, 2026 | Sep 16, 2026 |
| Jun 2, 2026 | $1.86 | $1.86 | 2.66% | Quarterly | $7.35 | May 20, 2026 | Jun 2, 2026 | Jun 16, 2026 |
| Mar 3, 2026 | $1.86 | $1.86 | 2.19% | Quarterly | $7.26 | Feb 4, 2026 | Mar 3, 2026 | Mar 17, 2026 |
| Dec 1, 2025 | $1.86 | $1.86 | 2.36% | Quarterly | $7.17 | Oct 22, 2025 | Dec 1, 2025 | Dec 15, 2025 |
| Sep 2, 2025 | $1.77 | $1.77 | 2.24% | Quarterly | $7.08 | Jul 22, 2025 | Sep 2, 2025 | Sep 16, 2025 |
Show older history+35 rows
| Jun 2, 2025 | $1.77 | $1.77 | 2.23% | Quarterly | $6.98 | May 20, 2025 | Jun 2, 2025 | Jun 16, 2025 |
| Mar 3, 2025 | $1.77 | $1.77 | 2.26% | Quarterly | $6.88 | Feb 6, 2025 | Mar 3, 2025 | Mar 17, 2025 |
| Dec 2, 2024 | $1.77 | $1.77 | 2.32% | Quarterly | $6.78 | Sep 25, 2024 | Dec 2, 2024 | Dec 16, 2024 |
| Sep 3, 2024 | $1.67 | $1.67 | 2.34% | Quarterly | $6.68 | Jul 25, 2024 | Sep 3, 2024 | Sep 17, 2024 |
| Jun 3, 2024 | $1.67 | $1.67 | 2.51% | Quarterly | $6.53 | May 22, 2024 | Jun 3, 2024 | Jun 17, 2024 |
| Feb 29, 2024 | $1.67 | $1.67 | 2.18% | Quarterly | $6.38 | Feb 7, 2024 | Mar 1, 2024 | Mar 15, 2024 |
| Nov 30, 2023 | $1.67 | $1.67 | 2.21% | Quarterly | $6.23 | Oct 4, 2023 | Dec 1, 2023 | Dec 15, 2023 |
| Aug 31, 2023 | $1.52 | $1.52 | 2.16% | Quarterly | $6.08 | Jul 25, 2023 | Sep 1, 2023 | Sep 18, 2023 |
| Jun 2, 2023 | $1.52 | $1.52 | 2.05% | Quarterly | $5.94 | May 25, 2023 | Jun 5, 2023 | Jun 20, 2023 |
| Feb 28, 2023 | $1.52 | $1.52 | 2.20% | Quarterly | $5.80 | Feb 2, 2023 | Mar 1, 2023 | Mar 15, 2023 |
| Nov 30, 2022 | $1.52 | $1.52 | 2.07% | Quarterly | $5.66 | Oct 13, 2022 | Dec 1, 2022 | Dec 15, 2022 |
| Aug 31, 2022 | $1.38 | $1.38 | 2.19% | Quarterly | $5.52 | Jul 28, 2022 | Sep 1, 2022 | Sep 16, 2022 |
| Jun 3, 2022 | $1.38 | $1.38 | 2.19% | Quarterly | $5.43 | May 26, 2022 | Jun 6, 2022 | Jun 20, 2022 |
| Feb 28, 2022 | $1.38 | $1.38 | 2.18% | Quarterly | $5.34 | Jan 20, 2022 | Mar 1, 2022 | Mar 15, 2022 |
| Nov 30, 2021 | $1.38 | $1.38 | 2.15% | Quarterly | $5.25 | Sep 23, 2021 | Dec 1, 2021 | Dec 15, 2021 |
| Aug 31, 2021 | $1.29 | $1.29 | 2.17% | Quarterly | $5.16 | Jul 22, 2021 | Sep 1, 2021 | Sep 15, 2021 |
| May 28, 2021 | $1.29 | $1.29 | 2.19% | Quarterly | $5.12 | May 20, 2021 | Jun 1, 2021 | Jun 15, 2021 |
| Feb 26, 2021 | $1.29 | $1.29 | 2.46% | Quarterly | $5.08 | Jan 21, 2021 | Mar 1, 2021 | Mar 15, 2021 |
| Nov 30, 2020 | $1.29 | $1.29 | 2.32% | Quarterly | $5.04 | Oct 8, 2020 | Dec 1, 2020 | Dec 15, 2020 |
| Aug 31, 2020 | $1.25 | $1.25 | 2.34% | Quarterly | $5.00 | Jul 21, 2020 | Sep 1, 2020 | Sep 15, 2020 |
| May 29, 2020 | $1.25 | $1.25 | 2.64% | Quarterly | $4.91 | May 22, 2020 | Jun 1, 2020 | Jun 15, 2020 |
| Feb 28, 2020 | $1.25 | $1.25 | 2.48% | Quarterly | $4.82 | Jan 29, 2020 | Mar 2, 2020 | Mar 16, 2020 |
| Nov 29, 2019 | $1.25 | $1.25 | 2.43% | Quarterly | $4.73 | Sep 19, 2019 | Dec 2, 2019 | Dec 16, 2019 |
| Aug 30, 2019 | $1.16 | $1.16 | 2.13% | Quarterly | $4.64 | Jul 18, 2019 | Sep 3, 2019 | Sep 17, 2019 |
| May 31, 2019 | $1.16 | $1.16 | 2.26% | Quarterly | $4.49 | May 23, 2019 | Jun 3, 2019 | Jun 17, 2019 |
| Feb 28, 2019 | $1.16 | $1.16 | 2.36% | Quarterly | $4.34 | Jan 24, 2019 | Mar 1, 2019 | Mar 15, 2019 |
| Nov 30, 2018 | $1.16 | $1.16 | 2.22% | Quarterly | $4.19 | Sep 20, 2018 | Dec 3, 2018 | Dec 17, 2018 |
| Aug 31, 2018 | $1.01 | $1.01 | 2.49% | Quarterly | $4.04 | Jul 19, 2018 | Sep 4, 2018 | Sep 18, 2018 |
| Jun 1, 2018 | $1.01 | $1.01 | 2.49% | Quarterly | $3.97 | May 24, 2018 | Jun 4, 2018 | Jun 18, 2018 |
| Feb 28, 2018 | $1.01 | $1.01 | 2.47% | Quarterly | $3.90 | Jan 25, 2018 | Mar 1, 2018 | Mar 15, 2018 |
| Nov 30, 2017 | $1.01 | $1.01 | 2.23% | Quarterly | $3.83 | Sep 21, 2017 | Dec 1, 2017 | Dec 15, 2017 |
| Aug 30, 2017 | $0.94 | $0.94 | 2.36% | Quarterly | — | Jul 27, 2017 | Sep 1, 2017 | Sep 18, 2017 |
| Jun 1, 2017 | $0.94 | $0.94 | 2.43% | Quarterly | — | May 25, 2017 | Jun 5, 2017 | Jun 19, 2017 |
| Feb 27, 2017 | $0.94 | $0.94 | 2.88% | Quarterly | — | — | Mar 1, 2017 | Mar 15, 2017 |
| Nov 29, 2016 | $0.94 | $0.94 | 2.99% | Quarterly | — | Sep 28, 2016 | Dec 1, 2016 | Dec 15, 2016 |
Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.
A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.
Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.
A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.
MCD dividend research links
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Estimate income using editable yield and payment assumptions.
Compare reinvesting dividends with taking them as cash.
Review payout ratio, cash flow, profitability, and balance-sheet context.
Read dividend income beside volatility, drawdown, and risk resilience.
Open DividendInvestorIQ for dividend discovery, comparisons, and income planning tools.
MCD Dividend Comparisons
How MCD's income profile compares with the peers it is most often weighed against.
Dividend calculators
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Related Links
MCD Dividends FAQ
Does MCD pay a dividend?
McDonald's Corporation (MCD) has covered dividend payment history on this page, including a latest dividend of $1.93 per share and a quarterly cadence based on available events.
What is MCD's dividend yield?
MCD's trailing dividend yield is 2.88%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.
When is MCD's next dividend?
MCD's next announced dividend is $1.93 per share with an ex-dividend date of Dec 1, 2026 and payment date of Dec 15, 2026.
When is MCD's ex-dividend date?
MCD's next announced ex-dividend date is Dec 1, 2026.
How has MCD's dividend changed?
MCD's one-year dividend growth is 5.08% based on comparable covered dividend history.