McDonald's Corporation (MCD) will increase its quarterly dividend by 7.8 percent to $1.25 per share in 2019. This marks the 43rd consecutive year of dividend increases for the Dividend Aristocrat.

The next dividend is payable on December 16, 2019 to shareholders of record at the close of business on December 2, 2019. A new annual rate of $5.00 per share yields 2.4% at a stock price of $209.

McDonald's President and Chief Executive Officer Steve Easterbrook said, "Our broad based business strength across the globe is a testament to the Velocity Growth Plan.  Today's dividend increase reflects our confidence in the plan and our continued focus on driving long-term value for all stakeholders."

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants with locations in over 100 countries. Over 90% of McDonald's restaurants worldwide are owned and operated by independent local business men and women.  The Company's restaurants serve a locally relevant menu of food and drinks sold at various price points. McDonald's has paid a dividend every year since 1976.