McDonald's Board of Directors 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.
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."
Thompson continued, "McDonald's commitment to enhancing the customer
experience – from our menu and operations to our value and convenience –
continues to move us closer to becoming our customers' favorite place and way
to eat and drink. Our philosophy on the use of capital remains unchanged with
our first priority being to reinvest in our business to drive sales and cash
flow, while generating strong returns. After these investment opportunities,
we expect to return all of our free cash flow to shareholders over the
long-term through dividends and share repurchases. Today's dividend increase
demonstrates our confidence in the long-term strength of our Brand and our
commitment to enhancing shareholder value."
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