Polliesdividend

Dividend increase McDonalds (MCD) – 2019

A new dividend increase by McDonalds (MCD)

Last week a new dividend increase of one of the stocks of my Vrijheid Fonds was published. On September 19th  McDonalds (MCD) announced almost an 8% increase in its quarterly dividend. The dividend is raised from $1.16 to $1.25. The dividend pay date is December 16, 2019 to shareholders of record on December 2, 2019 (ex-dividend November 29, 2019).

www.polliesdividend.com pollie dividend

McDonald’s President and Chief Executive Officer Steve Easterbrook said:
Our broad based business strength across the globe is a testament to the Velocity Growth Plan. Today’s dividend increase reflects our confidence in the plan and our continued focus on driving long-term value for all stakeholders.

This is the 43st consecutive annual dividend increase. McDonald’s has raised its dividend each and every year since paying its first dividend in 1976.

 

Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $5.00 per share, up from $4.64. The dividend yield on current price is 2.38 %.

 

polliesdividend.com pollie dividend mcd

My Vrijheid Fonds consist of 21 shares of MCD, my annual dividends will increase by €5.84 ($6.42) after taxes. For 2019 my dividends will increase by € 1.46 ($ 1.61) after taxes.

My projected annual total amount from my shares of MCD will be €75 after taxes.

I love these kinds of increases!

Cheers,

Pollie

Please follow and like us:
error0

2 thoughts on “Dividend increase McDonalds (MCD) – 2019

  1. dividendcompounder

    I’m waiting for the P/E to decline. It’s overvalued right now. But their dividend raises prove what a fantastic business this is.

    I love this company. And it’s cool to own this one. I like to see the faces of my kids if I tel them I own a bit of McDonalds ☺️

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.