McDonald's Board Raises Quarterly Dividend by 10% to $1.52 a Share

McDonald's Board of Directors declared a quarterly cash dividend of $1.52 per share of common stock payable on December 15, 2022 to shareholders of record at the close of business on December 1, 2022. The dividend increase of 10% over the Company's previous quarterly dividend reflects confidence in the Accelerating the Arches growth strategy and a continued focus on driving long-term profitable growth for all stakeholders. 

McDonald's has a strong history of returning capital to its shareholders and has raised its dividend for 46 consecutive years since paying its first dividend in 1976. The new dividend of $1.52 per share is equivalent to $6.08 annually. The Company is committed to its capital allocation philosophy of reinvesting in the business to drive profitable growth and returning all free cash flow to shareholders over time through a combination of dividends and share repurchases.

Upcoming Communications

For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.

October 14, 2022