McDonald's Dividends and Buybacks
Dividend criteria checks 5/6
McDonald's is a dividend paying company with a current yield of 2.32% that is well covered by earnings. Next payment date is on 17th March, 2025 with an ex-dividend date of 3rd March, 2025.
Key information
2.3%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 17 Mar 25 |
| Ex dividend date | 03 Mar 25 |
| Dividend per share | US$7.080 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
McDonald's: Not Finding Compelling McValue Here
Feb 12Capital Investments At McDonald's (NYSE:MCD) Point To A Promising Future
Feb 07
McDonald's Committed To Winning The Value Battle (Q4 Earnings Preview)
Jan 28Estimating The Intrinsic Value Of McDonald's Corporation (NYSE:MCD)
Jan 20McDonald's: Value, Innovation, And Operational Excellence To Support Revenue Expansion And Margin Improvements
Jan 07McDonald's: Investors Will Get A Lot Of Stomach Pain Here
Dec 06McDonald's Corporation's (NYSE:MCD) Price Is Out Of Tune With Earnings
Nov 28McDonald's Stalled SSS Can't Be Stopped By 'McRib' And 'McValue'
Nov 24McDonald's: A Mixed Performance Over The Past Few Months
Nov 05McDonald's (NYSE:MCD) Is Paying Out A Larger Dividend Than Last Year
Oct 30McDonald's: E. Coli Is Not A Nothingburger, But There Is More To This Correction
Oct 27McDonald's: $5 Meal Deals Not Enough To Convince Discerning Customers
Oct 21A Look At The Fair Value Of McDonald's Corporation (NYSE:MCD)
Oct 15Wall Street Lunch: McDonald's Starts A Beef
Oct 08McDonald's: Shares Getting Closer To The Tipping Point (Downgrade)
Sep 19McDonald's: Dividend Aristocrat With A Rent-And-Royalty Business Model
Aug 19McDonald's And Its Real Value
Aug 06Here's Why McDonald's (NYSE:MCD) Has Caught The Eye Of Investors
Jul 30McDonald's: Shares Have Likely Bottomed
Jul 29McDonald's Earnings Preview: Better Bet On A Buy After Q2
Jul 23A Look At The Fair Value Of McDonald's Corporation (NYSE:MCD)
Jul 15McDonald's: Very Palatable At Current Price
Jul 09Why I Think McDonald's Stock Is A GARP Opportunity
Jul 02Why We Like The Returns At McDonald's (NYSE:MCD)
Jun 28McDonald's High Dividend Yield Meets High Food Price Inflation
Jun 17McDonald's: The $5 Happy Meal Is Unlikely To Move The Needle
May 19Analysts Have Made A Financial Statement On McDonald's Corporation's (NYSE:MCD) First-Quarter Report
May 02McDonald's Dips: Earnings May Present A Golden Opportunity
Apr 22McDonald's: Fantastic Dip-Buying Opportunity Has Returned (Upgrade)
Apr 16With EPS Growth And More, McDonald's (NYSE:MCD) Makes An Interesting Case
Apr 12Shareholders Are Optimistic That McDonald's (NYSE:MCD) Will Multiply In Value
Mar 27McDonald's: Headwinds From Middle East Conflict
Mar 27Estimating The Fair Value Of McDonald's Corporation (NYSE:MCD)
Mar 12McDonald's: The Reasons We Are Turning More Bullish
Mar 12McDonald's: Betting On The Fastest Expansion Phase In The Company's History
Feb 24McDonald's Q4: Solid Quarter But Stock Maybe Close To A Top
Feb 05McDonald's CosMc's Suggests Upside Potential
Jan 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCD's dividends per share have been stable in the past 10 years.
Growing Dividend: MCD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| McDonald's Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCD) | 2.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Hospitality) | 2.0% |
| Analyst forecast (MCD) (up to 3 years) | 2.7% |
Notable Dividend: MCD's dividend (2.32%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: MCD's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.5%), MCD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), MCD's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 10:11 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
McDonald's Corporation is covered by 68 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| John Staszak | Argus Research Company |
| David Tarantino | Baird |