Stock Market Alert - MCD continue to set the stock market on fire on Thursday, trading up over 6% after the company announced plans to significantly increase their dividend citing strong business momentum and cash flow. The new dividend will be $1.50 per share, payable to shareholders of record as of Nov. 15th. The company has also hinted that more dividend increases could be in the company’s future. With strong same store sales growth, increasing dividends and continuing stock buy-backs, MCD looks to be a great place to park some of your hard-earned money over the next couple of years.
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