McDonald's Stock To Go Ex-dividend Tomorrow (MCD)

NEW YORK ( TheStreet) -- The ex-dividend date for McDonald's Corporation (NYSE: MCD) is tomorrow, November 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 81 cents per share. At a price of $98.88 as of 9:50 a.m. ET, the dividend yield is 3.3%.

The average volume for McDonald's has been 4.7 million shares per day over the past 30 days. McDonald's has a market cap of $97.78 billion and is part of the services sector and leisure industry. Shares are up 11.4% year to date as of the close of trading on Monday.

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 17.7, equal to 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, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full McDonald's Ratings Report.

See our dividend calendar or top-yielding stocks list.

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