29.09.2016 - McDonald's raises dividend
McDonald's Corporation announced a quarterly dividend increase by 6%. Thus, the Board of Directors approved a quarterly dividend increase to 94 cents and annual to 3.76 dollars per share. The reason for this step was the turnaround plan, which allowed to show strong financial results. According to our forecasts, the company's shares will grow by about 12-15% in the medium term, but in the coming months we can see a slight decrease.