After the bell on Thursday, McDonald's (NYSE:MCD) declared its quarterly dividend of 77 cents per share, an increase of 10% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3.3% going forward.
Shares of MCD were higher on the news, picking up 0.7% so far.
In other dividend news, Oracle (NYSE:ORCL) maintained its quarterly dividend of 6 cents per share. TJX Companies (NYSE:TJX) maintained its quarterly dividend of 11.5 cents per share. State Street (NYSE:STT) maintained its quarterly dividend of 24 cents per share. And Discover Financial Services (NYSE:DFS) maintained its quarterly dividend of 10 cents per share.
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