The dividend is payable on June 19 to shareholders of record at the close of business on June 5.
Shares of the American fast food chain were rising in extended-hours trading on Wednesday.
McDonald's CEO Steve Easterbrook is scheduled to participate in Bernstein's Strategic Decisions Conference on May 31.
The Oak Brook, IL-based McDonald's will to release second quarter results before the market opens on July 25.
Stocks have rebounded following a sharp sell off last week. Jim Cramer believes the rebound is real and gives investors advice on how to play the market going forward.