McDonald's: Yield History and the Rent-and-Royalty Model
McDonald's collects rent and royalties more than burger sales. How that model funds a 48-year dividend, and why the yield sits above its norm.
Read analysis →McDonald's dividend profile
MCD · Consumer Discretionary · data updated 2026-10-26T16:48:06.565Z
Price
$249.91
Dividend yield
2.98%
Recent dividend
$1.8600
Growth streak
48 years
Payout ratio
60.4%
Next reported ex-date
Dec 1, 2026
Dividend history
Annual dividends per share
| Year | Dividend |
|---|---|
| 2026 | $5.5800 |
| 2025 | $7.1700 |
| 2024 | $6.7800 |
| 2023 | $6.2300 |
| 2022 | $5.6600 |
| 2021 | $5.2500 |
| 2020 | $5.0400 |
| 2019 | $4.7300 |
| 2018 | $4.1900 |
| 2017 | $3.8300 |
| 2016 | $0.9400 |
Related research
Guides and analysis
Dividend dates and amounts can change. This page is for research and education, not personalized investment advice.