Credit: Shutterstock photoMcDonald's Corporation ( MCD ) will begin trading ex-dividend on November 27, 2013. A cash dividend payment of $0.81 per share is scheduled to be paid on December 16, 2013. Shareholders who purchased MCD stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.19% increase over the prior quarter. At the current stock price of $98.92, the dividend yield is 3.28%.
The previous trading day's last sale of MCD was $98.92, representing a -4.61% decrease from the 52 week high of $103.70 and a 15.44% increase over the 52 week low of $85.69.
MCD is a part of the Consumer Services sector, which includes companies such as Starbucks Corporation ( SBUX ) and Yum! Brands, Inc. ( YUM ). MCD's current earnings per share, an indicator of a company's profitability, is $5.54. Zacks Investment Research reports MCD's forecasted earnings growth in 2013 as 3.75%, compared to an industry average of 8.3%.
For more information on the declaration, record and payment dates, visit the MCD Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MCD through an Exchange Traded Fund [ETF]?
The following ETF(s) have MCD as a top-10 holding:
- Select Sector SPDR Fund - Consumer Discretionary ( XLY )
- Vanguard Consumer Discretionary ETF ( VCR )
- DIAMONDS Trust Series I ( DIA )
- iShares Dow Jones U.S. Consumer Index Fund ( IYC )
- Vanguard Dividend Appreciation ETF ( VIG ).
The top-performing ETF of this group is IYC with an increase of 13.02% over the last 100 days. XLY has the highest percent weighting of MCD at 4.94%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
