MCD Dividend History & Yield

McDonald's Corporation · NYSE

Stock Consumer Cyclical Quarterly payer Dividend AristocratConsumer DiscretionaryDividend growth
$255.84
+0.06% today
as of Sep 8, 2026
TTM yield
2.91%
$7.44/share over the last 12 months
Forward yield
2.91%
$7.44/share indicated annual rate
Annual dividend
$7.44
per share, forward
Per payment
$1.86
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 1, 2026 Estimated
in 84 days
Next pay date
Dec 15, 2026
in 98 days
Last ex-dividend date
Sep 1, 2026
$1.86 per share
Payout ratio
60%
of earnings
Market cap
181.0B
P/E 20.8
5y dividend CAGR
+7.6%
annualised, regular payments
Growth streak
17 yrs
consecutive annual raises
Years paying
58.3
since May 24, 1968
1y total return
-16.0%
price -18.4% + dividends 2.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Dec 1, 2026 (in 84 days) Dec 15, 2026 $1.86 $186.00 Estimated
Tue, Mar 2, 2027 (in 175 days) Mar 16, 2027 $1.86 $186.00 Estimated
Tue, Jun 1, 2027 (in 266 days) Jun 15, 2027 $1.86 $186.00 Estimated
Tue, Aug 31, 2027 (in 357 days) Sep 14, 2027 $1.86 $186.00 Estimated

Estimated dates and amounts are projected from MCD's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $7.44 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 29, 2016 to Sep 1, 2026; most recent $1.86$0.00$1.00$2.00Nov 29, 2016: $0.94Nov '16Feb 27, 2017: $0.94Jun 1, 2017: $0.94Aug 30, 2017: $0.94Nov 30, 2017: $1.01Feb 28, 2018: $1.01Feb '18Jun 1, 2018: $1.01Aug 31, 2018: $1.01Nov 30, 2018: $1.16Feb 28, 2019: $1.16May 31, 2019: $1.16May '19Aug 30, 2019: $1.16Nov 29, 2019: $1.25Feb 28, 2020: $1.25May 29, 2020: $1.25Aug 31, 2020: $1.25Aug '20Nov 30, 2020: $1.29Feb 26, 2021: $1.29May 28, 2021: $1.29Aug 31, 2021: $1.29Nov 30, 2021: $1.38Nov '21Feb 28, 2022: $1.38Jun 3, 2022: $1.38Aug 31, 2022: $1.38Nov 30, 2022: $1.52Feb 28, 2023: $1.52Feb '23Jun 2, 2023: $1.52Aug 31, 2023: $1.52Nov 30, 2023: $1.67Feb 29, 2024: $1.67Jun 3, 2024: $1.67Jun '24Sep 3, 2024: $1.67Dec 2, 2024: $1.77Mar 3, 2025: $1.77Jun 2, 2025: $1.77Sep 2, 2025: $1.77Sep '25Dec 1, 2025: $1.86Mar 3, 2026: $1.86Jun 2, 2026: $1.86Sep 1, 2026: $1.86

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$4.00$8.002017: $3.83$3.8320172018: $4.19$4.1920182019: $4.73$4.7320192020: $5.04$5.0420202021: $5.25$5.2520212022: $5.66$5.6620222023: $6.23$6.2320232024: $6.78$6.7820242025: $7.17$7.1720252026 (YTD): $5.58$5.582026 YTD

How much MCD do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month162$41,265$1,200
$500 / month807$206,323$6,000
$1,000 / month1,613$412,645$12,000

Based on the forward yield of 2.91%. $10,000 in MCD would currently pay about $291 a year ($24 a month on average). Model reinvestment and growth →

MCD dividend history

Show all 179 payments
Ex-datePay dateAmountChange
Sep 1, 2026 $1.86 +0.0%
Jun 2, 2026 $1.86 +0.0%
Mar 3, 2026 $1.86 +0.0%
Dec 1, 2025 $1.86 +5.1%
Sep 2, 2025 $1.77 +0.0%
Jun 2, 2025 $1.77 +0.0%
Mar 3, 2025 $1.77 +0.0%
Dec 2, 2024 $1.77 +6.0%
Sep 3, 2024 $1.67 +0.0%
Jun 3, 2024 $1.67 +0.0%
Feb 29, 2024 $1.67 +0.0%
Nov 30, 2023 $1.67 +9.9%
Aug 31, 2023 $1.52 +0.0%
Jun 2, 2023 $1.52 +0.0%
Feb 28, 2023 $1.52 +0.0%
Nov 30, 2022 $1.52 +10.1%
Aug 31, 2022 $1.38 +0.0%
Jun 3, 2022 $1.38 +0.0%
Feb 28, 2022 $1.38 +0.0%
Nov 30, 2021 $1.38 +7.0%
Aug 31, 2021 $1.29 +0.0%
May 28, 2021 $1.29 +0.0%
Feb 26, 2021 $1.29 +0.0%
Nov 30, 2020 $1.29 +3.2%

Payout risk check

Yield-trap heuristicLow risk

MCD scores 0/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About McDonald's Corporation

McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaurants under various structures, including conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.

Sector: Consumer Cyclical. Industry: Restaurants. First dividend on our records: May 24, 1968. 179 payments tracked.

MCD dividend FAQ

When is MCD's next ex-dividend date?

MCD's next ex-dividend date is Dec 1, 2026 (in 84 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.86 per share, expected on Dec 15, 2026.

How often does MCD pay dividends?

MCD pays dividends every quarter, 4 times a year. The most recent payment was $1.86 per share with an ex-date of Sep 1, 2026.

What is MCD's dividend yield?

MCD's trailing 12-month dividend yield is 2.91%, based on $7.44 per share paid over the last year and a share price of $255.84. The forward yield, using the indicated annual rate of $7.44 per share, is 2.91%.

How much does MCD pay per share?

MCD pays about $1.86 per share each quarter, which works out to roughly $7.44 per share a year. 100 shares would collect about $744.00 a year.

Has MCD grown or cut its dividend?

MCD has raised its annual dividend for 17 consecutive years. Over the last 5 years the regular payout has grown at 7.6% a year (+5.1% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of MCD do I need to earn $100 a month?

At the current forward yield of 2.91%, you would need about 162 shares of MCD (roughly $41,265 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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