SmarterDividends
MCD

McDonald's Corporation

MCD

Consumer Cyclical · Stock · quarterly payer

Forward Yield

2.73%

Annual Dividend

$7.44

Payout Ratio

60%

5-Yr Growth

7.2%

Ex-Date

Jun 2, 2026

Frequency

Quarterly

MCD Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak17 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage60% of earnings paid out
Free-cash-flow coverage89% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MCD a good dividend stock?

Yes

McDonald's Corporation (MCD) pays a quarterly dividend yielding 2.73% ($7.44/yr), with 17 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 17 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (60%)
  • Strong 7.2% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.73%
Payout Ratio
60%
Annual Dividend
$7.44
5-Yr Avg Growth
7.2%
Ex-Dividend Date
Jun 2, 2026
Years of Growth
17
Frequency
quarterly
Beta
0.41
Market Cap
$193.8B
P/E Ratio
22.5
5-Yr Total Return
21%
52-Week Range
$271.98 – $341.75
Dividend Safety
A · 88/100
Ever Cut?
No
MCD ex-dividend date & scheduleNext ex-date Jun 2, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $7.44 / yr per share

Per payment (quarterly)$186.00
Annual$744.00
Monthly avg$62.00