The ex-dividend date for McDonald's Corporation (NYSE:MCD) is tomorrow, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $100.62 as of 9:30 a.m., the dividend yield is 3.1%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for McDonald's Corporation (NYSE: MCD) is tomorrow, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $100.62 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for McDonald's has been 4.8 million shares per day over the past 30 days. McDonald's has a market cap of $100.55 billion and is part of the services sector and leisure industry. Shares are up 13.7% year to date as of the close of trading on Tuesday. McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company has a P/E ratio of 18.6, 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, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full McDonald's Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.