McDonald's Corporation (NYSE:MCD) had declared a cash dividend of $0.8900 on Jul 28, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Jul 28, 2016 share price, the yield comes out to be 2.9811%. The dividend payable date has been fixed on Sep 16, 2016.
In a different note, On Jul 27, 2016, Credit Suisse said it Maintains its rating on McDonald's Corporation. In the research note, the firm Raises the price-target to $130.00 per share. The shares have been rated ‘Outperform’ by the firm. On Jun 29, 2016, Baird said it Maintains its rating on McDonald's Corporation. In the research note, the firm Lowers the price-target to $130.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 27, 2016, Credit Suisse said it Maintains its rating on McDonald's Corporation. In the research note, the firm Lowers the price-target to $135.00 per share. The shares have been rated ‘Outperform’ by the firm. On Jun 22, 2016, Nomura said it Downgrades its rating on McDonald's Corporation. The shares have been rated ‘Neutral’ by the firm. On May 26, 2016, Bernstein said it Assumes its rating on McDonald's Corporation. The shares have been rated ‘Market Perform’ by the firm.
McDonald's Corporation (MCD) made into the market gainers list on Thursdays trading session with the shares advancing 0.66% or 0.78 points. Due to strong positive momentum, the stock ended at $118.3, which is also near the day’s high of $118.55. The stock began the session at $117.85 and the volume stood at 43,13,219 shares. The 52-week high of the shares is $131.96 and the 52 week low is $87.5. The company has a current market capitalization of $103,851 M and it has 87,78,57,530 shares in outstanding.
McDonald's Corporation(MCD) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $6.26B. Analysts had an estimated revenue of $6.28B. Earnings per share were $1.45. Analysts had estimated an EPS of $1.39.
Several Insider Transactions has been reported to the SEC. On May 4, 2016, Brian Mullens (Corp Sr Vice Pres – Controller) sold 845 shares at $128.93 per share price.Also, On Apr 26, 2016, Kevin M Ozan (Exec Vice Pres & CFO) sold 13,007 shares at $125.07 per share price.On Feb 2, 2016, Gloria Santona (Corp Exec VP, Gen Coun, Secy) sold 24,100 shares at $124.24 per share price, according to the Form-4 filing with the securities and exchange commission.
McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe and Asia/Pacific Middle East and Africa (APMEA). The Companys operations in Canada and Latin America as well as its Corporate activities are reported under Other Countries & Corporate. The Companys restaurants offer a substantially uniform menu including hamburgers and cheeseburgers Big Mac Quarter Pounder with Cheese Filet-O-Fish several chicken sandwiches Chicken McNuggets wraps French fries salads oatmeal shakes McFlurry desserts sundaes soft serve cones pies soft drinks coffee McCafe beverages and other beverages. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise developmental license or affiliate.