McDonald’s raises quarterly dividend 10%, to $1.67 a share

McDonald’s
MCD,
+0.52%
raised it’s quarterly money dividend to $1.67 a share from $1.52, representing a ten% enhance.

The Chicago-based restaurant chain mentioned the dividend shall be payable Dec. 15 to stockholders of document as of Dec. 1.

The firm mentioned the dividend elevate confirmed its confidence in its development technique and its concentrate on long-term worthwhile development for shareholder. McDonald’s mentioned it had raised its dividend for 47 consecutive years.