McDonald's (MCD) Declares 85c Quarterly Dividend

NEW YORK (TheStreet) --aMcDonald's declared a quarterly dividend of 85 cents a share Thursday. Shares of the fast food chain were gaining 0.3% to $93.79 in after-hours trading. The new dividend is a 5% increase from McDonalds' previous dividend of 81 cents a share. The new quarterly dividend is payable on Dec. 15 to all shareholders as of the close of business on Dec. 1. The ex-dividend date is Nov. 26. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has ide...