MCD Dividend History & Yield Analysis

MCD has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
2.77%
Forward yield
2.80%
Dividend per share (TTM)
$7.35
Annualized rate
$7.44
Payout frequency
Quarterly
Last payment
$1.86
5-year dividend CAGR
7.30%
Consecutive growth years
24

Yields calculated against a market price of $265.53.

Annual Dividend History

  • 2026$3.72
  • 2025$7.17
  • 2024$6.78
  • 2023$6.23
  • 2022$5.66
  • 2021$5.25
  • 2020$5.04
  • 2019$4.73
  • 2018$4.19
  • 2017$3.83
  • 2016$3.61
  • 2015$3.44
  • 2014$3.28
  • 2013$3.12
  • 2012$2.87
  • 2011$2.53
  • 2010$2.26
  • 2009$2.05
  • 2008$1.63
  • 2007$1.50
  • 2006$1.00
  • 2005$0.6700
  • 2004$0.5500
  • 2003$0.4000
  • 2002$0.2350

MCD Payout History & Ex-Dividend Dates

MCD dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-02$1.86
2026-03-012026-03-03$1.86
2025-12-012025-12-01$1.86
2025-09-012025-09-02$1.77
2025-06-012025-06-02$1.77
2025-03-012025-03-03$1.77
2024-12-012024-12-02$1.77
2024-09-012024-09-03$1.67
2024-06-012024-06-03$1.67
2024-02-012024-02-29$1.67
2023-11-012023-11-30$1.67
2023-08-012023-08-31$1.52
2023-06-012023-06-02$1.52
2023-02-012023-02-28$1.52
2022-11-012022-11-30$1.52
2022-08-012022-08-31$1.38
2022-06-012022-06-03$1.38
2022-02-012022-02-28$1.38
2021-11-012021-11-30$1.38
2021-08-012021-08-31$1.29
2021-05-012021-05-28$1.29
2021-02-012021-02-26$1.29
2020-11-012020-11-30$1.29
2020-08-012020-08-31$1.25
2020-05-012020-05-29$1.25
2020-02-012020-02-28$1.25
2019-11-012019-11-29$1.25
2019-08-012019-08-30$1.16
2019-05-012019-05-31$1.16
2019-02-012019-02-28$1.16
2018-11-012018-11-30$1.16
2018-08-012018-08-31$1.01
2018-06-012018-06-01$1.01
2018-02-012018-02-28$1.01
2017-11-012017-11-30$1.01
2017-08-012017-08-30$0.9400
2017-06-012017-06-01$0.9400
2017-02-012017-02-27$0.9400
2016-11-012016-11-29$0.9400
2016-08-012016-08-30$0.8900
2016-06-012016-06-02$0.8900
2016-02-012016-02-26$0.8900
2015-11-012015-11-27$0.8900
2015-08-012015-08-28$0.8500
2015-05-012015-05-28$0.8500
2015-02-012015-02-26$0.8500
2014-11-012014-11-26$0.8500
2014-08-012014-08-28$0.8100
2014-05-012014-05-29$0.8100
2014-02-012014-02-27$0.8100
2013-11-012013-11-27$0.8100
2013-08-012013-08-29$0.7700
2013-05-012013-05-30$0.7700
2013-02-012013-02-27$0.7700
2012-11-012012-11-29$0.7700
2012-08-012012-08-30$0.7000
2012-05-012012-05-31$0.7000
2012-02-012012-02-28$0.7000
2011-11-012011-11-29$0.7000
2011-08-012011-08-30$0.6100

Does MCD pay dividends?

Yes. MCD pays on a quarterly schedule, most recently $1.86 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the MCD yield is calculated

The trailing yield divides the last twelve months of dividends per share ($7.35) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the MCD DCF fair value page for the cash flow behind it.