McDonald's Board of Directors declared a quarterly cash dividend of $1.93 per share, a 4% increase from the previous quarterly dividend. The payment is due December 15, 2026, to shareholders of record at the close of business on December 1, 2026, and represents an annualized dividend of $7.72 per share. The increase marks McDonald's 50th consecutive year of dividend increases, placing it among the Dividend Kings, a group of fewer than 60 U.S. public companies with at least five decades of annual dividend growth. Ian Borden, Executive Vice President and Global Chief Financial Officer, said the milestone reflects long-term financial discipline and the company's commitment to rewarding shareholders, while also recognizing employees, owner-operators and suppliers. McDonald's will hold its 2026 Investor Day on September 23, 2026, to discuss its financial goals and next phase of growth. The company said its capital allocation approach remains focused on business investment, dividend payments and share repurchases using remaining free cash flow. McDonald's operates more than 45,000 locations in over 100 countries, with approximately 95% owned and operated by independent local business owners.