Reported Earlier, McDonald's Increases Quarterly Cash Dividend By 10% To $1.67 From $1.52
Portfolio Pulse from Benzinga Newsdesk
McDonald's has announced a 10% increase in its quarterly cash dividend, raising it from $1.52 to $1.67.
October 05, 2023 | 5:57 am
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McDonald's has increased its quarterly cash dividend by 10%, which could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock.
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