NEW YORK (

TheStreet

) -- The ex-dividend date for

McDonald's Corporation

(NYSE:

MCD

) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $93.20 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for McDonald's has been 6.7 million shares per day over the past 30 days. McDonald's has a market cap of $94.8 billion and is part of the

services

sector and

leisure

industry. Shares are up 20% year to date as of the close of trading on Friday.

McDonald's Corporation, together with its subsidiaries, operates as a foodservice retailer worldwide. It franchises and operates McDonald's restaurants that offer various food items, soft drinks, coffee, desserts, snacks, and other beverages, as well as full or limited breakfast menu. The company has a P/E ratio of 18, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates McDonald's as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

McDonald's Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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