Annuncio • Jun 28
McDonald's Corporation(NYSE:MCD) dropped from Russell Top 50 Index McDonald's Corporation(NYSE:MCD) dropped from Russell Top 50 Index Recent Insider Transactions • May 31
EVP & President of McDonald's USA recently sold US$93k worth of stock On the 26th of May, Joseph Erlinger sold around 333 shares on-market at roughly US$280 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$194k. Insiders have been net sellers, collectively disposing of US$5.7m more than they bought in the last 12 months. Declared Dividend • May 23
First quarter dividend of US$1.86 announced Shareholders will receive a dividend of US$1.86. Ex-date: 2nd June 2026 Payment date: 16th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 22
Mcdonald's Announces Quarterly Cash Dividend, Payable on June 16, 2026 McDonald's Board of Directors declared a quarterly cash dividend of $1.86 per share of common stock payable on June 16, 2026 to shareholders of record at the close of business on June 2, 2026. Reported Earnings • May 07
First quarter 2026 earnings released: EPS: US$2.78 (vs US$2.61 in 1Q 2025) First quarter 2026 results: EPS: US$2.78 (up from US$2.61 in 1Q 2025). Revenue: US$6.52b (up 9.4% from 1Q 2025). Net income: US$1.98b (up 6.2% from 1Q 2025). Profit margin: 30% (down from 31% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. New Risk • Apr 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-US$1.8b). Significant insider selling over the past 3 months (US$1.0m sold). Buy Or Sell Opportunity • Apr 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.2% to US$311. The fair value is estimated to be US$258, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period. Annuncio • Apr 08
McDonald's Corporation, Annual General Meeting, May 20, 2026 McDonald's Corporation, Annual General Meeting, May 20, 2026. Upcoming Dividend • Feb 24
Upcoming dividend of US$1.86 per share Eligible shareholders must have bought the stock before 03 March 2026. Payment date: 17 March 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (2.5%). Reported Earnings • Feb 12
Full year 2025 earnings released: EPS: US$11.95 (vs US$11.45 in FY 2024) Full year 2025 results: EPS: US$11.95 (up from US$11.45 in FY 2024). Revenue: US$26.9b (up 3.7% from FY 2024). Net income: US$8.56b (up 4.1% from FY 2024). Profit margin: 32% (in line with FY 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Annuncio • Feb 10
McDonald's Corporation Announces the Election of James D. Farley, Jr., to Its Board of Directors, Effective February 4, 2026 McDonald's Corporation announced the election of James D. Farley, Jr., to its Board of Directors, effective February 4, 2026. Mr. Farley currently serves as President and CEO of Ford Motor Company and sits on Ford's Board of Directors, where he is guiding the company's Ford+ transformation, a strategy centered on digital innovation, customer-centric design, and operational modernization. He brings more than 30 years of experience leading complex global organizations and transforming iconic consumer brands. He previously served as chief operating officer and president of new businesses, technology and strategy teams. Earlier in his career at Ford, Farley held leadership roles overseeing Ford Europe, Middle East, and Africa; Global Marketing, Sales & Service; the ongoing reinvention of the Lincoln brand; and Ford's operations in Canada, Mexico, and South America. Prior to Ford, he spent nearly two decades at Toyota and Lexus in brand marketing and product leadership. His election brings the Board to a total of 12 members, each contributing diverse experience and expertise that strengthen McDonald’s long-term strategic direction. Declared Dividend • Feb 08
Third quarter dividend of US$1.86 announced Shareholders will receive a dividend of US$1.86. Ex-date: 3rd March 2026 Payment date: 17th March 2026 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 05
McDonald's Declares Quarterly Cash Dividend, Payable on March 17, 2026 McDonald's Corporation's Board of Directors declared a quarterly cash dividend of $1.86 per share of common stock payable on March 17, 2026 to shareholders of record at the close of business on March 3, 2026. Recent Insider Transactions • Dec 22
Insider recently sold US$796k worth of stock On the 16th of December, Desiree Ralls-Morrison sold around 2k shares on-market at roughly US$320 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$977k. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months. Buy Or Sell Opportunity • Dec 13
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.8% to US$315. The fair value is estimated to be US$260, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 7.2% per annum over the same time period. Upcoming Dividend • Nov 24
Upcoming dividend of US$1.86 per share Eligible shareholders must have bought the stock before 01 December 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (2.2%). Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$3.18 (vs US$3.15 in 3Q 2024) Third quarter 2025 results: EPS: US$3.18 (up from US$3.15 in 3Q 2024). Revenue: US$7.08b (up 3.0% from 3Q 2024). Net income: US$2.28b (up 1.0% from 3Q 2024). Profit margin: 32% (in line with 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 27
Second quarter dividend increased to US$1.86 Dividend of US$1.86 is 5.1% higher than last year. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 23
Mcdonald's Corporation Raises Quarterly Cash Dividend, Payable on December 15, 2025 McDonald's Corporation Board of Directors declared a quarterly cash dividend of $1.86 per share of common stock payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025. The 5% increase over the Company's previous quarterly dividend reflects continued confidence in the Accelerating the Arches growth strategy and ability to drive long-term profitable growth for all stakeholders. Buy Or Sell Opportunity • Oct 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to US$305. The fair value is estimated to be US$252, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period. Recent Insider Transactions • Sep 10
Insider recently sold US$315k worth of stock On the 2nd of September, Morgan Flatley sold around 1k shares on-market at roughly US$315 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$771k. Insiders have been net sellers, collectively disposing of US$19m more than they bought in the last 12 months. Annuncio • Aug 26
McDonald’s Corporation Appoints Saumya Mittal as Chief People Officer for Asia McDonald’s Corporation has announced the appointment of Saumya Mittal as its new Chief People Officer for Asia. Taking charge from Singapore, she will oversee the company’s people and culture agenda across diverse Asian markets, a region marked by rapid growth and shifting workforce dynamics. Mittal, who has built an 18-year career in human resources, previously held leadership positions at PepsiCo, focusing on talent, culture, and organisational transformation, and later at Google as APAC Commercial HR Lead. Her cross-industry experience is expected to bolster McDonald’s employee engagement and leadership pipeline in the region. Upcoming Dividend • Aug 26
Upcoming dividend of US$1.77 per share Eligible shareholders must have bought the stock before 02 September 2025. Payment date: 16 September 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (2.0%). Annuncio • Aug 12
McDonald's Introduces McDonaldland VR McDonald's is bringing its most iconic characters and worlds to life in an all-new way. Introducing McDonaldland VR -- an interactive digital universe launching alongside the new McDonaldland Meal. Starting August 12, fans can transport themselves into McDonaldland like never before. Whether through Meta Horizon Worlds on Meta Quest or a seamless Web VR experience, visitors can explore vibrant zones, meet classic characters, play games, and unlock surprises -- all from the comfort of home. Inside McDonaldland VR, fans can: Meet Classic characters: Interact with Grimace, Hamburglar, Birdie, and others -- all fully animated and part of your journey. Play Interactive Mini-Games: Mt. McDonaldland Shake Challenge: Hop aboard The Captain's ship to collect shake ingredients from an uping volcano. Golden Arches Obstacle Course: Navigate condiment geysers, rapids, and oversized landmarks in a fast-paced, multi-zone adventure. Explore Themed Worlds: Roam through the Apple Pie Tree Forest, Hamburger Patch, and Filet-O-Fish Lake, each packed with interactive surprises and moments of delight. Find Hidden Collectibles: Hunt for Mt. McDonaldland Shake icons and unlock Easter eggs throughout the world. Earn Exclusive In-Game Wearables: Complete quests to unlock items like the Mayor McCheese Hat, Burger Buddy Backpack, and Ronald McDonald's Guitar. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: US$3.14 (vs US$2.81 in 2Q 2024) Second quarter 2025 results: EPS: US$3.14 (up from US$2.81 in 2Q 2024). Revenue: US$6.84b (up 5.4% from 2Q 2024). Net income: US$2.25b (up 11% from 2Q 2024). Profit margin: 33% (up from 31% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 25
First quarter dividend of US$1.77 announced Shareholders will receive a dividend of US$1.77. Ex-date: 2nd September 2025 Payment date: 16th September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 23
McDonald's Declares Quarterly Cash Dividend, Payable on September 16, 2025 McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on September 16, 2025 to shareholders of record at the close of business on September 2, 2025. New Risk • Jul 17
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-US$3.5b). Significant insider selling over the past 3 months (US$1.2m sold). Recent Insider Transactions • Jun 01
EVP & President of McDonald's USA recently sold US$296k worth of stock On the 23rd of May, Joseph Erlinger sold around 939 shares on-market at roughly US$315 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$299k. Insiders have been net sellers, collectively disposing of US$17m more than they bought in the last 12 months. Declared Dividend • May 23
First quarter dividend of US$1.77 announced Shareholders will receive a dividend of US$1.77. Ex-date: 2nd June 2025 Payment date: 16th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 21
McDonald's Announces Quarterly Cash Dividend, Payable on June 16, 2025 McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on June 16, 2025 to shareholders of record at the close of business on June 2, 2025. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$2.60 (vs US$2.67 in 1Q 2024) First quarter 2025 results: EPS: US$2.60 (down from US$2.67 in 1Q 2024). Revenue: US$5.96b (down 3.5% from 1Q 2024). Net income: US$1.87b (down 3.2% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Annuncio • Apr 22
SOC Investment Group Files an Exempt Solicitation Statement with Securities and Exchange Commission On April 21, 2025, SOC Investment Group announced that it has filed an exempt solicitation statement with Securities and Exchange Commission, recommended the shareholders of the Company to vote against the Company board nominees Director Paul Walsh, at the annual meeting of shareholders of the Company scheduled to be held on May 20, 2025. Annuncio • Apr 08
McDonald's Corporation, Annual General Meeting, May 20, 2025 McDonald's Corporation, Annual General Meeting, May 20, 2025. Annuncio • Mar 12
McDonald's Corporation Announces Executive Changes, Effective on or About May 1, 2025 On March 10, 2025, the Board of Directors of McDonald’s Corporation approved changes to the Company’s senior management, including the appointment of Gillian (Jill) McDonald as Executive Vice President – Global Chief Restaurant Experience Officer. Ms. McDonald, one of the Company’s named executive officers, currently serves as Executive Vice President – President, International Operated Markets (IOM), and will separate from that role on or about May 1, 2025. The Board appointed Manuel JM Steijaert, currently the Company’s Executive Vice President – Global Chief Customer Officer, to replace Ms. McDonald as Executive Vice President – President, IOM, on or about May 1, 2025. Upcoming Dividend • Feb 24
Upcoming dividend of US$1.77 per share Eligible shareholders must have bought the stock before 03 March 2025. Payment date: 17 March 2025. Payout ratio is a comfortable 60% and the cash payout ratio is 76%. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (2.0%). Recent Insider Transactions • Feb 14
Chairman & CEO recently sold US$3.3m worth of stock On the 11th of February, Christopher Kempczinski sold around 11k shares on-market at roughly US$310 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Christopher has been a net seller over the last 12 months, reducing personal holdings by US$9.9m. Reported Earnings • Feb 11
Full year 2024 earnings released: EPS: US$11.39 (vs US$11.64 in FY 2023) Full year 2024 results: EPS: US$11.39 (down from US$11.64 in FY 2023). Revenue: US$25.9b (up 1.7% from FY 2023). Net income: US$8.22b (down 2.9% from FY 2023). Profit margin: 32% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses. Same store sales growth: Down 0.1% vs FY 2023 Total stores: 43,477 (up by 1,655 from FY 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Declared Dividend • Feb 10
Third quarter dividend of US$1.77 announced Shareholders will receive a dividend of US$1.77. Ex-date: 3rd March 2025 Payment date: 17th March 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 07
Mcdonald's Corporation Announces Quarterly Cash Dividend, Payable on March 17, 2025 McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on March 17, 2025 to shareholders of record at the close of business on March 3, 2025. Annuncio • Jan 18
John J. Mulligan to Retire from the Board of Directors of McDonald's Corporation McDonald's Corporation announced that on January 13, 2025, Director John J. Mulligan notified the company of his decision to retire from the Company’s Board of Directors, effective as of the date of the Company’s 2025 Annual Shareholders’ Meeting. The retirement is not because of a disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Recent Insider Transactions • Jan 02
Executive VP recently sold US$2.0m worth of stock On the 31st of December, Desiree Ralls-Morrison sold around 7k shares on-market at roughly US$290 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$14m more than they bought in the last 12 months. Upcoming Dividend • Nov 25
Upcoming dividend of US$1.77 per share Eligible shareholders must have bought the stock before 02 December 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 58% and the cash payout ratio is 77%. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (1.9%). New Risk • Oct 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (US$7.7m sold). Annuncio • Oct 30
Mcdonald's Corporation Declares Quarterly Cash Dividend McDonald's Corporation declared a 6% increase in its quarterly cash dividend to $1.77 per share. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$3.13 (vs US$3.19 in 3Q 2023) Third quarter 2024 results: EPS: US$3.13 (down from US$3.19 in 3Q 2023). Revenue: US$6.87b (up 2.7% from 3Q 2023). Net income: US$2.26b (down 2.7% from 3Q 2023). Profit margin: 33% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Annuncio • Oct 25
Ron Simon and Associates Files the Second Lawsuit Against McDonald's in the E. Coli Outbreak The national food safety law firm of Ron Simon & Associates, along with Meyers & Flowers, LLC, has filed another McDonald's E. coli Lawsuit, this time on behalf of Clarissa DeBock. The lawsuit was filed in Cook County, Illinois and is available upon request. According to the lawsuit, on September 18, 2024, Clarissa purchased and consumed food from her local McDonald's in Nebraska. By September 23rd, she had become ill with the symptoms of E. coli. On September 25th, Clarissa was forced to seek medical attention, and presented to the Great Plains Health - Emergency Room, where her physicians ordered blood work, and abdominal and pelvic CT, and ordered stools studies. Clarissa was found to be positive for E. coli O157:H7, and her case was reported to the county health department. Her physicians placed her on Ciprofloxacin, and at the time this lawsuit was filed, continues to recover from the effects of E. coli food poisoning. At present, onions are suspected as having been the catalyst of this E. coli outbreak, and Taylor Farms of California has issued a recall of the potentially dangerous onions. Declared Dividend • Sep 29
Dividend of US$1.77 announced Shareholders will receive a dividend of US$1.77. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Sep 19
Chairman & CEO recently sold US$1.2m worth of stock On the 16th of September, Christopher Kempczinski sold around 4k shares on-market at roughly US$300 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Upcoming Dividend • Aug 27
Upcoming dividend of US$1.67 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 17 September 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (2.0%). New Risk • Jul 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (US$1.1m sold). Declared Dividend • Jul 29
First quarter dividend of US$1.67 announced Shareholders will receive a dividend of US$1.67. Ex-date: 3rd September 2024 Payment date: 17th September 2024 Dividend yield will be 2.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 27
McDonald's Corporation Announces Executive Changes, Effective October 1, 2024 On July 25, 2024, the Board of Directors of McDonald's Corporation appointed Lauren B. Elting to serve as the Company's principal accounting officer," effective October 1, 2024. Ms. Elting will join the Company on July 30, 2024 as a Vice President to ensure a smooth transition prior to Catherine A. Hoovel's retirement on October 1, 2024, which the Company previously announced on Form 8-K, dated March 13, 2024. Ms. Hoovel will continue to serve as the Company's principal accounting officer until her retirement, at which time Ms. Elting will assume the role of Vice President Corporate Controller. Prior to joining the Company, Ms. Elting held several positions of increasing responsibility with Federal Signal Corporation, including Chief Accounting Officer from 2022 to 2024, and Vice President, Corporate Controller from 2018 to 2022. Annuncio • Jul 26
McDonald's Announces Quarterly Cash Dividend, Payable on September 17, 2024 McDonald's Board of Directors declared a quarterly cash dividend of $1.67 per share of common stock payable on September 17, 2024 to shareholders of record at the close of business on September 3, 2024. Annuncio • Jul 20
PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK). PAR Technology Corporation (NYSE:PAR) agreed to acquire TASK Group Holdings Limited (ASX:TSK) for AUD 320 million on March 8, 2024. TASK Group shareholders will receive AUD 0.9 for their share. As of July 4, 2024, the shareholder of TASK Group approved the transaction. The transaction is still subject to court approval. The transaction is expected to close on July 19, 2024. King & Wood Mallesons, Australia Branch acted as legal advisor and Latimer Partners Pty Ltd acted as Financial advisor to TASK Group Holdings Limited. Computershare Investor Services Pty Limited acted as registrar to TASK. Phillip R. Mills, Corey M. Goodman, Robert F. Smith and Mary K. Marks of Davis Polk & Wardwell LLP acted as legal advisor to TASK Group Holdings Limited. PRICEWATERHOUSECOOPERS AUSTRALIA SERVICES PTY LTD as Australian and New Zealand acted as accountant to TASK in relation to the Scheme.
PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK) on July 19, 2024. Annuncio • Jul 10
PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK). PAR Technology Corporation (NYSE:PAR) agreed to acquire TASK Group Holdings Limited (ASX:TSK) for AUD 320 million on March 8, 2024. TASK Group shareholders will receive AUD 0.9 for their share. As of July 4, 2024, the shareholder of TASK Group approved the transaction. The transaction is still subject to court approval. The transaction is expected to close on July 19, 2024. King & Wood Mallesons, Australia Branch acted as legal advisor and Latimer Partners Pty Ltd acted as Financial advisor to TASK Group Holdings Limited. Computershare Investor Services Pty Limited acted as registrar to TASK. Phillip R. Mills, Corey M. Goodman, Robert F. Smith and Mary K. Marks of Davis Polk & Wardwell LLP acted as legal advisor to TASK Group Holdings Limited. PRICEWATERHOUSECOOPERS AUSTRALIA SERVICES PTY LTD as Australian and New Zealand acted as accountant to TASK in relation to the Scheme.PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK) on July 10, 2024. Buy Or Sell Opportunity • Jul 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.0% to US$244. The fair value is estimated to be US$306, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period. Board Change • Jun 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mike Hsu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 12
PAR Technology Corporation (NYSE:PAR) agreed to acquire TASK Group Holdings Limited (ASX:TSK) for AUD 320 million PAR Technology Corporation (NYSE:PAR) agreed to acquire TASK Group Holdings Limited (ASX:TSK) for AUD 320 million on March 9, 2024. 
