McDonald's Corporation

MCD
Consumer CyclicalDividend King
$274.15
2.68%Fair Value

McDonald's Corporation (MCD) is a Consumer Cyclical company that currently yields 2.68% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $242.65 and the overvaluation threshold at $327.71. McDonald's Corporation holds a quality score of 57/100 (Average), reflecting 51 consecutive years of dividend growth with a 60% payout ratio. The 5-year dividend CAGR stands at 7.3%.

MCD Dividend Yield History — Weiss Valuation

Underval. $242.65Overval. $327.71

Distance to undervalued

Waiting for a better entry

Needs about 11.5% downside to reach the Weiss buy zone

Undervaluation starts near $242.65, where the annual dividend would imply roughly 3.03% yield. That is 0.35% above today's yield.

Buy-zone price

$242.65

Target yield

3.03%

Research checklist

What to clear before buying the yield

Updated Aug 12, 2026

Dividend durability

51Y

Long dividend history supports a deeper look.

Earnings payout

60%

Earnings coverage leaves room for noise.

Cash payout

84%

Free cash flow coverage supports the payment.

Dividend growth

7.3%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-112026-08-12

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

McDonald's Corporation is trading at a fair valuation relative to its dividend history.

Current yield 2.7% vs historical max 4.5% (60% of maximum).

14 consecutive years without a dividend cut.

Conservative payout ratio of 60%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 57/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

MCD Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$288

Year 10 Income

$764

Yield on Cost

8.05%

Total Income

$4,843

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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MCD Dividend Quality Score

Quality Score

57/ 100

Average

Payout Ratio12/25
Dividend Streak20/25
Growth (CAGR 5Y)15/20
Yield vs History5/15
FCF Coverage5/15

Key Metrics

Current Price$274.15
Annual Dividend$7.35
Current Yield2.68%
Yield — Max (10Y)4.47%
Yield — Min (10Y)2.27%
Undervalued Below$242.65
Overvalued Above$327.71
Payout Ratio59.71%
CAGR Dividend 5Y7.3%
CAGR Dividend 10Y7.6%
Years No Cut14y

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51
consecutive years of dividend growth