According to DividendChannel.com, on 8/30/11, McDonald's Corp (NYSE: MCD) will trade ex-dividend, for its quarterly dividend of $0.61, payable on 9/16/11. As a percentage of MCD's recent stock price of $88.57, this dividend works out to approximately 0.69%.
Below is a dividend history chart for MCD, showing historical dividends prior to the most recent $0.61 declared by McDonald's Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCD is likely to continue, and whether the current estimated yield of 2.75% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, MCD makes up 9.00% of the Consumer Discretionary Select Sector SPDR Fund ETF (AMEX: XLY) which is trading higher by about 0.1% on the day Friday.
MCD operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Hertz Global Holdings Inc (NYSE: HTZ) which is off about 0.5% today, and International Game Technology (NYSE: IGT) trading higher by about 0.8%. Below is a three month price history chart comparing the stock performance of MCD, versus HTZ and IGT.
In Friday trading, McDonald's Corp shares are currently off about 0.2% on the day.