Friday, September 21, 2012
McDonald's Increases Dividend
McDonald's recently raised its quarterly dividend 10.0% to $.77 marking 36 consecutive years of dividend growth. 10% is a huge raise and exemplifies how the dividend growth strategy works. I really couldn't be happier. MCD is one of my favorite dividend stocks. I believe we will see continued dividend growth from the company as it expands into additional locations worldwide, buys back stock, and aims to increase same store sales.