On September 17, McDonald’s (MCD) increased its dividend by 3.76%, from $1.86
to $1.93 per share. The increase marks McDonald’s 50th consecutive
year of dividend growth, lifting it into the ranks of the Dividend Kings.
The dividend is payable on December 15 to shareholders of record on December
1.
MCD’s contribution to DivGro’s projected annual dividend income will increase
by $14 to $386.