McDonald’s (MCD) dividend history

Consumer Cyclical · Restaurants · Market cap $172.3B

McDonald’s paid $5.1B in dividends in fiscal 2025, about $7.14 per share.

Dividends per share grew 7.8% a year over 14 years, rising in each of the last 14 years.

That took 71% of free cash flow and 60% of net income.

At today's price the trailing yield is 3.09%.

Dividends by fiscal year

Dividends paid from the cash flow statement in McDonald’s's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).

Fiscal yearPer shareGrowthTotal paid% of free cash flow% of net income
2025$7.14 +5.8%$5.1B 71%60%
2024$6.75 +9.0%$4.9B 73%59%
2023$6.19 +10.1%$4.5B 62%54%
2022$5.62 +7.9%$4.2B 76%67%
2021$5.21 +4.2%$3.9B 55%52%
2020$5.00 +6.8%$3.8B 81%79%
2019$4.68 +13.0%$3.6B 63%59%
2018$4.14 +9.4%$3.3B 77%55%
2017$3.79 +6.7%$3.1B 84%59%
2016$3.55 +3.8%$3.1B 72%65%
2015$3.42 +4.9%$3.2B 68%71%
2014$3.26 +5.3%$3.2B 78%68%
2013$3.10 +9.0%$3.1B 72%56%
2012$2.84 +13.7%$2.9B 74%53%
2011$2.50 —$2.6B 59%47%

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Questions

Does McDonald’s pay a dividend?

McDonald’s paid $5.1B in dividends in fiscal 2025, about $7.14 per share.

How fast has McDonald’s's dividend grown?

Dividends per share grew 7.8% a year over 14 years, rising in each of the last 14 years.

From McDonald’s's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.