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MCD.TO McDonald's Corporation — dividend yield, history & ex-dividend dates

TSX· Quarterly dividend· Common Stock · Consumer Cyclical / Restaurants

$22.02 ▼ $-0.20(-0.90%) as of Nov 04, 2026 06:20 UTC
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Dividend Snapshot

StatusRecently Increased
Last Dividend$0.1560Paid Sep 23, 2026
Forward Annual$0.63Regular dividends paid over the last 12 months
FrequencyQuarterly
Last Ex-DateSep 01, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateDec 01, 2026$0.1613, scheduled; no declaration on fileThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateDec 22, 2026
1-Yr Growth2.5%Annual totals, 2024–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

69/100

Strong indicators

Complete data

Dividend Growth Score

61/100

Strong growth record

Partial data

Dividend Value Score

Not Rated

only 40% of the inputs available (60% needed)

DividendRank

61/100

Upper middle of the scale

Partial data

How the Dividend Safety Score is built for MCD.TO
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 59% (TTM to Jun 30, 2026) 81 20%
FCF payout ratioFCF payout ratio 67% (TTM to Jun 30, 2026) 78 25%
Net debt / EBITDANet debt / EBITDA 3.6x (TTM to Jun 30, 2026) 46 15%
Interest coverageInterest coverage 7.5x (TTM to Jun 30, 2026) 82 10%
Dividend record4 years of uninterrupted regular payments 42 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for MCD.TO
InputValuePointsWeight
5-year dividend growthN/A (not used) N/A 25%
Consecutive annual increases0 consecutive annual increases (through 2025) 10 20%
Payout headroomHeadroom from the earnings payout ratio 59% (TTM to Jun 30, 2026) 71 20%
Earnings per share growth (3 years)EPS CAGR 13.4% (FY2022–FY2025) 100 15%
Revenue growth (3 years)Revenue CAGR 5.7% (FY2022–FY2025) 86 10%
10-year dividend growthN/A (not used) N/A 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

2.85%

At the Nov 04, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.6273

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

69

As of Nov 04, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$19.38 – $28.88

Closes through Nov 02, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

59.46%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

4

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

-178.92

Price as of Nov 01, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 69/100, yield 2.85%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
4 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeTSXThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume166,900Nov 02, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$21.70Nov 02, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$21.70 – $22.22Nov 02, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$21.60Close of Oct 30, 2026The closing price from the session before the one dated beside these figures.
Market Cap$15.58BAs of Nov 04, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out707.64MImplied by market cap, Nov 04, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)USD 12.3912 months to Jun 30, 2026 (Q2 FY2026); reported in USDEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)20.9Price as of Nov 01, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 01, 2026Paid Sep 23, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateDec 01, 2026Pays Dec 22, 2026; scheduled, not yet declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

MCD.TO's dividend yield rose from 2.70% to 2.85% over the past ~90 days (+0.14 pp). Of that move, +0.02 pp came from changes in the dividend rate and +0.13 pp from the share price ($23.06 on Aug 06, 2026 → $22.02 on Nov 04, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current2.85%
1-Yr Average3.14%
Low / High2.30% – 4.02%
Percentile29%

Across 274 daily observations over the past 13 months (through Nov 02, 2026), MCD.TO's current yield is higher than approximately 29% of them. Our stored price history for MCD.TO covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1613 Q Regular upcoming, not yet declared N/A Dec 01, 2026 Dec 01, 2026 Dec 22, 2026
$0.1560 Q Regular N/A Sep 01, 2026 Sep 01, 2026 Sep 23, 2026
$0.1580 Q Regular N/A Jun 02, 2026 Jun 02, 2026 Jun 23, 2026
$0.1572 Q Regular N/A Mar 03, 2026 Mar 03, 2026 Mar 24, 2026
$0.1562 Q Regular N/A Dec 01, 2025 Dec 01, 2025 Dec 22, 2025
$0.1524 Q Regular N/A Sep 02, 2025 N/A N/A
$0.1510 Q Regular N/A Jun 02, 2025 N/A N/A
$0.1534 Q Regular N/A Mar 03, 2025 Mar 03, 2025 Mar 24, 2025
$0.1568 Q Regular N/A Dec 02, 2024 Dec 02, 2024 Dec 23, 2024
$0.1472 Q Regular N/A Sep 03, 2024 Sep 03, 2024 Sep 24, 2024
$0.1467 Q Regular N/A Jun 03, 2024 N/A N/A
$0.1472 Q Regular N/A Feb 29, 2024 N/A N/A
$0.1459 Q Regular N/A Nov 30, 2023 N/A N/A
$0.1348 Q Regular N/A Aug 31, 2023 N/A N/A
$0.1322 Q Regular N/A Jun 02, 2023 N/A N/A
$0.1369 Q Regular N/A Feb 28, 2023 N/A N/A
$0.1359 Q Regular N/A Nov 30, 2022 N/A N/A
$0.1245 Q Regular N/A Aug 31, 2022 N/A N/A

Peer Comparison

Selected Restaurants dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
DPZ Domino's Pizza, Inc. 2.46% 17.4% 12 yrs 86
YUMC Yum China Holdings, Inc. 2.42% N/A 3 yrs 82
ARCO Arcos Dorados Holdings Inc. 4.11% N/A 0 yrs 81
MCD McDonald's Corporation 2.93% 7.3% 40 yrs 80

Related Guides & Lists

MCD.TO dividend — frequently asked questions

Does McDonald's Corporation pay a dividend?

Yes. McDonald's Corporation (MCD.TO) currently pays a dividend. The annualized dividend is about $0.63 per share, a yield of approximately 2.85%.

What is McDonald's Corporation's dividend yield?

McDonald's Corporation's dividend yield is approximately 2.85%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does McDonald's Corporation pay dividends?

McDonald's Corporation pays dividends quarterly — 4 times per year.

When is McDonald's Corporation's next ex-dividend date?

The next scheduled ex-dividend date for McDonald's Corporation is December 1, 2026; no declaration is on file yet. The associated payment is $0.1613 per share; you must own the shares before the ex-dividend date to receive it.

How long has McDonald's Corporation paid dividends?

McDonald's Corporation has 4 years of dividend payments on record.

Data updated Nov 04, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.