OAK BROOK, Ill., Sept. 18, 2014 /PRNewswire/ -- On September 18, 2014, McDonald's Board of Directors
declared a quarterly cash dividend of $0.85 per share of common stock payable on
December 15, 2014, to shareholders of
record at the close of business on December
1, 2014. This represents a 5% increase over the Company's
previous quarterly dividend and brings the fourth quarter dividend
payout to more than $800
million.
McDonald's President and CEO Don
Thompson said, "McDonald's global growth priorities –
providing great-tasting food and beverages, creating memorable
experiences, offering unparalleled convenience and becoming an even
more trusted brand – focus on what matters most to our customers
and serve as the foundation to building our business over the long
term. Today's dividend increase reflects the continued strength and
sustainability of our cash flow and our commitment to enhancing
shareholder value. We expect to return $18
to $20 billion to shareholders between 2014 and 2016 and
have returned $3.2 billion
year-to-date August toward that target."
McDonald's has raised its dividend each and every year since
paying its first dividend in 1976. The new quarterly dividend of
$0.85 per share is equivalent to
$3.40 annually.
Upcoming Communications
McDonald's tentatively plans to release third quarter results
before the market opens on October 21,
2014 and will host an investor webcast. This webcast
will be broadcast live and available for replay for a limited time
thereafter at www.investor.mcdonalds.com.
About McDonald's
McDonald's is the world's leading global foodservice retailer
with over 35,000 locations serving approximately 70 million
customers in over 100 countries each day. More than 80% of
McDonald's restaurants worldwide are owned and operated by
independent local business men and women.
Forward-Looking Statements
This release 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. The factors that could cause actual results to
differ materially from our expectations are detailed in the
Company's filings with the Securities and Exchange Commission, such
as its annual and quarterly reports and current reports on Form
8-K.
SOURCE McDonald's Corporation