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Dividend history and payout analysis for McDonald's Corporation (MCD). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 | 1983 | 1982 | 1981 | 1980 | 1979 | 1978 | 1977 | 1976 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividends per share (FY) | $7.17 | $6.78 | $6.23 | $5.66 | $5.25 | $5.04 | $4.73 | $4.19 | $3.83 | $3.61 | $3.44 | $3.28 | $3.12 | $2.87 | $2.53 | $2.26 | $2.05 | $1.64 | $1.50 | $1.00 | $0.67 | $0.55 | $0.40 | $0.23 | $0.23 | $0.21 | $0.20 | $0.36 | $0.31 | $0.28 | $0.27 | $0.35 | $0.43 | $0.39 | $0.36 | $0.35 | $0.45 | $0.68 | $0.60 | $0.74 | $0.89 | $1.44 | $1.47 | $1.61 | $1.44 | $1.11 | $0.77 | $0.49 | $0.25 | $0.12 |
| Dividend yield (FY) % | N/A | 2.34% | 2.10% | 2.15% | 1.96% | 2.35% | 2.39% | 2.36% | 2.22% | 2.94% | 2.91% | 3.50% | 3.22% | 3.25% | 2.52% | 2.94% | 3.28% | 2.60% | 2.52% | 2.22% | 1.98% | 1.72% | 1.60% | 1.45% | 0.84% | 0.62% | 0.48% | 0.46% | 0.76% | 0.74% | 0.71% | 1.05% | 1.00% | 0.91% | 1.10% | 1.28% | 0.89% | 1.42% | 1.10% | 0.97% | 1.09% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Payout ratio (FY) % | N/A | 59.22% | 53.52% | 67.48% | 51.94% | 79.33% | 59.45% | 54.96% | 59.50% | 65.26% | 71.32% | 67.60% | 55.76% | 53.00% | 47.42% | 48.68% | 49.12% | 42.27% | 73.72% | 34.32% | 32.36% | 30.50% | 34.22% | 33.28% | 17.58% | 14.20% | 13.59% | 15.52% | 15.08% | 14.75% | 15.87% | 17.62% | 18.59% | 16.74% | 17.25% | 16.61% | 15.82% | 19.91% | 16.33% | 15.25% | 17.28% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Pay Date | Ex-Date | Record Date | Amount |
|---|---|---|---|
| 2025-12-15 | December 01, 25 | 2025-12-01 | $1.86 |
| 2025-09-16 | September 02, 25 | 2025-09-02 | $1.77 |
| 2025-06-16 | June 02, 25 | 2025-06-02 | $1.77 |
| 2025-03-17 | March 03, 25 | 2025-03-03 | $1.77 |
| 2024-12-16 | December 02, 24 | 2024-12-02 | $1.77 |
| 2024-09-17 | September 03, 24 | 2024-09-03 | $1.67 |
| 2024-06-17 | June 03, 24 | 2024-06-03 | $1.67 |
| 2024-03-15 | February 29, 24 | 2024-03-01 | $1.67 |
| 2023-12-15 | November 30, 23 | 2023-12-01 | $1.67 |
| 2023-09-18 | August 31, 23 | 2023-09-01 | $1.52 |
| 2023-06-20 | June 02, 23 | 2023-06-05 | $1.52 |
| 2023-03-15 | February 28, 23 | 2023-03-01 | $1.52 |
| 2022-12-15 | November 30, 22 | 2022-12-01 | $1.52 |
| 2022-09-16 | August 31, 22 | 2022-09-01 | $1.38 |
| 2022-06-20 | June 03, 22 | 2022-06-06 | $1.38 |
| 2022-03-15 | February 28, 22 | 2022-03-01 | $1.38 |
| 2021-12-15 | November 30, 21 | 2021-12-01 | $1.38 |
| 2021-09-15 | August 31, 21 | 2021-09-01 | $1.29 |
| 2021-06-15 | May 28, 21 | 2021-06-01 | $1.29 |
| 2021-03-15 | February 26, 21 | 2021-03-01 | $1.29 |
| 2020-12-15 | November 30, 20 | 2020-12-01 | $1.29 |
| 2020-09-15 | August 31, 20 | 2020-09-01 | $1.25 |
| 2020-06-15 | May 29, 20 | 2020-06-01 | $1.25 |
| 2020-03-16 | February 28, 20 | 2020-03-02 | $1.25 |
| 2019-12-16 | November 29, 19 | 2019-12-02 | $1.25 |
| 2019-09-17 | August 30, 19 | 2019-09-03 | $1.16 |
| 2019-06-17 | May 31, 19 | 2019-06-03 | $1.16 |
| 2019-03-15 | February 28, 19 | 2019-03-01 | $1.16 |
| 2018-12-17 | November 30, 18 | 2018-12-03 | $1.16 |
| 2018-09-18 | August 31, 18 | 2018-09-04 | $1.01 |
| 2018-06-18 | June 01, 18 | 2018-06-04 | $1.01 |
| 2018-03-15 | February 28, 18 | 2018-03-01 | $1.01 |
| 2017-12-15 | November 30, 17 | 2017-12-01 | $1.01 |
| 2017-09-18 | August 30, 17 | 2017-09-01 | $0.94 |
| 2017-06-19 | June 01, 17 | 2017-06-05 | $0.94 |
| 2017-03-15 | February 27, 17 | 2017-03-01 | $0.94 |
| 2016-12-15 | November 29, 16 | 2016-12-01 | $0.94 |
| 2016-09-16 | August 30, 16 | 2016-09-01 | $0.89 |
| 2016-06-20 | June 02, 16 | 2016-06-06 | $0.89 |
| 2016-03-15 | February 26, 16 | 2016-03-01 | $0.89 |
| 2015-12-15 | November 27, 15 | 2015-12-01 | $0.89 |
| 2015-09-16 | August 28, 15 | 2015-09-01 | $0.85 |
| 2015-06-15 | May 28, 15 | 2015-06-01 | $0.85 |
| 2015-03-16 | February 26, 15 | 2015-03-02 | $0.85 |
| 2014-12-15 | November 26, 14 | 2014-12-01 | $0.85 |
| 2014-09-16 | August 28, 14 | 2014-09-02 | $0.81 |
| 2014-06-16 | May 29, 14 | 2014-06-02 | $0.81 |
| 2014-03-17 | February 27, 14 | 2014-03-03 | $0.81 |
| 2013-12-16 | November 27, 13 | 2013-12-02 | $0.81 |
| 2013-09-17 | August 29, 13 | 2013-09-03 | $0.77 |
| 2013-06-17 | May 30, 13 | 2013-06-03 | $0.77 |
| 2013-03-15 | February 27, 13 | 2013-03-01 | $0.77 |
| 2012-12-17 | November 29, 12 | 2012-12-03 | $0.77 |
| 2012-09-18 | August 30, 12 | 2012-09-04 | $0.70 |
| 2012-06-15 | May 31, 12 | 2012-06-04 | $0.70 |
| 2012-03-15 | February 28, 12 | 2012-03-01 | $0.70 |
| 2011-12-15 | November 29, 11 | 2011-12-01 | $0.70 |
| 2011-09-16 | August 30, 11 | 2011-09-01 | $0.61 |
| 2011-06-15 | May 27, 11 | 2011-06-01 | $0.61 |
| 2011-03-15 | February 25, 11 | 2011-03-01 | $0.61 |
| 2010-12-15 | November 29, 10 | 2010-12-01 | $0.61 |
| 2010-09-16 | August 30, 10 | 2010-09-01 | $0.55 |
| 2010-06-15 | May 27, 10 | 2010-06-01 | $0.55 |
| 2010-03-15 | February 25, 10 | 2010-03-01 | $0.55 |
| 2009-12-15 | November 27, 09 | 2009-12-01 | $0.55 |
| 2009-09-15 | August 28, 09 | 2009-09-01 | $0.50 |
| 2009-06-22 | June 04, 09 | 2009-06-08 | $0.50 |
| 2009-03-16 | February 26, 09 | 2009-03-02 | $0.50 |
| 2008-12-15 | November 26, 08 | 2008-12-01 | $0.50 |
| 2008-09-16 | August 28, 08 | 2008-09-02 | $0.38 |
| 2008-06-23 | June 05, 08 | 2008-06-09 | $0.38 |
| 2008-03-17 | February 28, 08 | 2008-03-03 | $0.38 |
| 2007-12-03 | November 13, 07 | 2007-11-15 | $1.50 |
| 2006-12-01 | November 13, 06 | 2006-11-15 | $1.00 |
| 2005-12-01 | November 10, 05 | 2005-11-15 | $0.67 |
| 2004-12-01 | November 10, 04 | 2004-11-15 | $0.55 |
| 2003-12-01 | November 12, 03 | 2003-11-14 | $0.40 |
| 2002-12-02 | November 13, 02 | 2002-11-15 | $0.23 |
| 2001-12-03 | November 13, 01 | 2001-11-15 | $0.23 |
| 2000-12-01 | November 13, 00 | 2000-11-15 | $0.21 |
| 1999-12-15 | November 29, 99 | 1999-12-01 | $0.05 |
| 1999-09-15 | August 30, 99 | 1999-09-01 | $0.05 |
| 1999-06-15 | May 27, 99 | 1999-06-01 | $0.05 |
| 1999-03-31 | March 11, 99 | 1999-03-15 | $0.05 |
| 1998-12-11 | November 25, 98 | 1998-11-30 | $0.09 |
| 1998-09-11 | August 27, 98 | 1998-08-31 | $0.09 |
| 1998-06-12 | May 28, 98 | 1998-06-01 | $0.09 |
| 1998-03-13 | February 25, 98 | 1998-02-27 | $0.09 |
| 1997-12-12 | November 26, 97 | 1997-12-01 | $0.08 |
| 1997-09-12 | August 27, 97 | 1997-08-29 | $0.08 |
| 1997-06-13 | May 29, 97 | 1997-06-02 | $0.08 |
| 1997-03-14 | February 26, 97 | 1997-02-28 | $0.07 |
| 1996-12-13 | November 27, 96 | 1996-12-02 | $0.07 |
| 1996-09-13 | August 28, 96 | 1996-08-30 | $0.07 |
| 1996-06-14 | May 31, 96 | 1996-06-04 | $0.07 |
| 1996-03-15 | February 27, 96 | 1996-02-29 | $0.07 |
| 1995-12-15 | November 28, 95 | 1995-11-30 | $0.07 |
| 1995-09-15 | August 29, 95 | 1995-08-31 | $0.07 |
| 1995-06-16 | May 30, 95 | 1995-06-05 | $0.07 |
| 1995-03-17 | February 22, 95 | 1995-02-28 | $0.06 |
The dividend yield shows how much McDonald's Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.
By reviewing the historical dividend payouts for McDonald's Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.
Comparing McDonald's Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.
Analyzing McDonald's Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.
Investors often include McDonald's Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.
