OAK BROOK (dpa-AFX) - McDonald's Corp. (MCD) said Thursday that its board declared a quarterly cash dividend of $0.77 per share of common stock payable on December 17, 2012, to shareholders of record at the close of business on December 3, 2012. This represents a 10% increase over the Company's previous quarterly dividend and brings the fourth quarter dividend payout to approximately $770 million. The new quarterly dividend of $0.77 per share is equivalent to $3.08 annually.
McDonald's Chief Executive Officer Don Thompson said, 'Today's announced dividend increase brings our 2012 expected total cash return to shareholders to at least $5.5 billion through dividends and share repurchases.'
The company said it tentatively plans to release third quarter results before the market opens on October 19, 2012.
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