McDonald's Corporation (NYSE:MCD) Updates On Dividend Release Date


On 2016-07-29, McDonald's Corporation (NYSE:MCD) confirmed the dividend disbursement of $0.89 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, McDonald's Corporation (NYSE:MCD) paid a total of $0.89 per share in dividends. This figure stood at $0.89 a share in the same period a year ago indicating a deviation of 4.8781%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $129 on the stock. This figure is the average of recommendations offered by 15 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $143 and $95, respectively.

Taking the mathematical rating formula, the price for McDonald's Corporation (NYSE:MCD) stands at 2.39. Earnings Review McDonald's Corporation (NYSE:MCD) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $1.48.

Coming to the quarter ending on 2015-12-31, McDonald's Corporation (NYSE:MCD) recorded EPS of $1.45. The reported numbers came lower than the analysts’ estimates of $1.38, demonstrating a miss of $0.07 as against reported figures.

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