- McDonald’s Corp (NYSE:MCD) said its Board of Directors approved a 10% increase in quarterly cash dividend to $1.52.
- The dividend is payable on December 15, 2022, to shareholders of record at the close of business on December 1, 2022.
- The new dividend of $1.52 per share is equivalent to $6.08 annually.
- Also Read: McDonald’s Temporarily Defeats Black Franchisees’ $1B Bias Lawsuit
- The company has raised its dividend for 46 consecutive years since paying its first dividend in 1976.
- McDonald’s held $1.9 billion in cash and equivalents as of June 30, 2022.
- Price Action: MCD shares are trading lower by 0.15% at $246.31 in premarket on the last check Friday.
- Also Read: McDonald’s Rejects Owners Plea To Delay Changes In Franchise Policy
LiqTech Enters Distribution Agreement With Razorback Direct For Commercialization Of LiqTech Produced Water Treatment Solution In The U.S.
LiqTech International, Inc. (NASDAQ:LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, and Razorback Direct Oilfield Solutions and Services LLC, a Houston