McDonald's raises dividend 4% to become a Dividend King

On 17 September 2026, the board of directors of McDonald's declared a quarterly cash dividend of $1.93 per share of common stock. This represents a 4% increase over the company's previous quarterly payout and equals $7.72 per share on an annualized basis.

The dividend is payable on 15 December 2026 to shareholders of record as of the close of business on 1 December 2026.

This raise marks the 50th consecutive year of dividend increases for McDonald's, admitting the company into the Dividend Kings. This group consists of fewer than 60 publicly traded United States companies that have increased their annual payouts for at least five straight decades.

The company operates more than 45,000 locations across more than 100 countries, with approximately 95% run by independent local franchisees. Management announced it will provide further details on its financial goals and next growth phase at its Investor Day on 23 September 2026.