Highlights

  • Quarterly dividend raised by 5% to USD 1.86 per share
  • Global comparable sales increased across all regions in Q4
  • Full-year results showed growth in revenue and earnings

McDonald’s Corporation (NYSE:MCD) extended its multi-decade record of annual dividend increases with a 5% rise in its quarterly cash dividend, taking the payout to USD 1.86 per share. The update places the company one annual increase away from reaching a 50-year run of dividend growth, based on its historical distribution pattern. The current dividend yield stands at around 2.30%, reflecting recent share price levels and declared payouts.

Fourth-Quarter Sales and Earnings

Comparable sales increased across major operating segments
The company reported a 5.7% increase in global comparable sales for the fourth quarter. US comparable sales rose 6.8%, while International Operated Markets increased 5.2% and International Developmental Licensed Markets rose 4.5%. Consolidated revenues increased 10% and systemwide sales rose 11% for the quarter. Diluted earnings per share were USD 3.03, with adjusted figures higher when excluding restructuring-related charges.

Full-Year Performance in 2025

Revenue and operating income recorded year-on-year gains
For the full year, global comparable sales increased 3.1%, supported by gains across all regions. Consolidated revenues rose 4%, while systemwide sales increased 7%. Consolidated operating income increased 6%, including restructuring-related charges. Diluted earnings per share were USD 11.95 for the year, with adjusted figures higher when excluding charges.

Dividend Metrics and Cash Distribution

Payout levels outlined alongside earnings update
The quarterly dividend increase brings McDonald’s current dividend yield to approximately 2.30%, with the payout ratio estimated at around 60% based on recent earnings. The company’s dividend update was announced alongside its quarterly earnings release.

Latest Closing Price (as of February 12, 2026): McDonald’s Corporation (NYSE: MCD): USD 323.21 (−0.85%).