Thursday, September 18, 2014

McDonald's raises dividend 4.94%---New yield is 3.64%

I am happy to report another dividend raise today.  This time McDonald's raised its quarterly dividend 4.94% from $.81 to $.85.  Since I currently own 49.34 shares, this will increase my yearly dividends by $7.89.

17 comments:

  1. Yea! Music to my ears. I've been so busy last few days to keep up with the news. Good to know that MCD raised the dividend again. :)

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    1. Tawcan,

      Yeah, 5% from MCD is pretty good considering some of their business difficulties. I'll take any and every raise that I can get!

      MDP

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  2. DP, if you don't mind me asking, is there a website with all these dividend increases?

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    1. Anonymous,

      I don't know if there is a specific website that announces dividend increases. I get most of my information from Seeking Alpha and Dividend.com.

      MDP

      Delete
  3. Great news...thanks for reporting. Our family recently became shareholders and looking forward to the raise. Cheers! AFFJ

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    1. AFFJ,

      I am glad to be a fellow shareholder with you!

      MDP

      Delete
  4. Thanks for the info. With MCD facing so many issues, I was not sure what the raise was going to be. 5% is not great, but not bad either.

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    1. DGJ,

      Hopefully MCD will get its act together next year and get back to double digit raises! In the mean time at 3.6% I will continue to add more shares.

      MDP

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  5. Great news! As a recent shareholder it's great to see MCD immediately raise its dividend.

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    1. No More Waffles,

      It's very nice to see a company like MCD have a dividend yield around 3.6%. While the increase wasn't the greatest, this company has the potential to really increase dividends in the future. Congrats on your raise as well!

      MDP

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  6. MDP,

    Wish it were a few percentage points higher, thought they would go from 81 cents to 87 or 89 per quarter, but 5% increase isn't too shabby. Also - MCD has consistently increased their dividend on the third Thursday of September for the last X amount of years - it's funny how you can easily time out when the increase will happen, I set a reminder at 4:30pm eastern and boom it just released. Congrats to us shareholders that own it, as a 5% bump isn't too shabby.

    -Lanny

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    1. Lanny,

      I agree about wishing it was a bit higher. It was a safe conservative raise and I am ok with that since I think the company has great future prospects. Not all companies can be like TGT and raise over 20% while facing economic headwinds.

      MDP

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  7. MDP,

    This was right where I figured it would be. Makes sense with all the troubles they have going on.

    It's still a pretty good raise, and shows the commitment in place by management to the dividend and the growth of it. Gotta love the consistency. :)

    Best wishes!

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    1. DM,

      I'm with you. I actually like the conservative raise. When business turns around I'm sure the raises will be higher. I will continue to add as this scenario reminds me somewhat of the troubles Target had at the beginning of the year. They will work themselves out and things should be fine moving forward.

      MDP

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    2. I couldn't agree more. It might be a bit irresponsible to issue a double digit raise while growth is slowing so I think they made the right choice here at around 5% growth. I think things will be fine for the golden arches in the long term.

      Delete
  8. Nice to get a raise isn't it? :)

    Happy investing!
    Mark

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