McDONALD'S ANNOUNCES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

On May 22, 2024, McDonald's Board of Directors announced a quarterly cash dividend of $1.67 per share of common stock.

This dividend will be payable on June 17, 2024, to shareholders who are recorded by the close of business on June 3, 2024.

For further updates, including future investor conferences and earnings calls, stakeholders are encouraged to visit McDonald's Investor Relations website.

Positive

• McDonald's declared a cash dividend of $1.67 per share, indicating strong financial health.
• Dividend payment date set for June 17, 2024, showing timely and consistent returns to shareholders.

Negative

• The press release lacks new strategic business developments or future growth plans, which could concern growth-focused investors.

CHICAGO, May 22, 2024 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.67 per share of common stock payable on June 17, 2024 to shareholders of record at the close of business on June 3, 2024.

Upcoming Communications

For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.

About McDonald's

McDonald's is the world's leading global foodservice retailer with over 40,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.

Forward-Looking Statements

This document 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. Factors that could cause actual results to differ materially from expectations are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-Q filing for the quarter ended March 31, 2024. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.

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SOURCE McDonald's Corporation

FAQ

What is the dividend declared by McDonald's for May 2024?

McDonald's declared a quarterly cash dividend of $1.67 per share.

When will McDonald's pay its next dividend?

The next dividend payment date is June 17, 2024.

Who is eligible for the McDonald's dividend announced in May 2024?

Shareholders of record by the close of business on June 3, 2024, are eligible for the dividend.

Where can investors find more information about McDonald's future communications?

Investors can find more information on McDonald's Investor Relations website.