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McDONALD'S ANNOUNCES 64TH CONSECUTIVE QUARTERLY CASH DIVIDEND ON COMMON STOCK

 McDONALD'S ANNOUNCES 64TH CONSECUTIVE
 QUARTERLY CASH DIVIDEND ON COMMON STOCK
 OAK BROOK, Ill., Feb. 20 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD) today announced the declaration of a quarterly cash dividend of 9 1/4 cents per share on its common stock. The dividend is payable on March 20 to common shareholders of record at the close of business on March 2.
 With this payment, McDonald's has paid 64 consecutive quarterly dividends and increased the dividend 17 times since the first one was paid in 1976. McDonald's was recognized by Moody's Investors Service as a member of Moody's 1991 Dividend Achievers. To qualify, a company must have increased its dividend in each of the last ten years; only 360 of the nearly 10,000 public companies in Moody's universe qualify.
 McDonald's Corporation common stock is traded on the New York, Midwest and Pacific Stock Exchanges in the U.S.; and internationally, on those in Toronto, Canada; Paris, France; Frankfurt and Munich, Germany; Tokyo, Japan; and Zurich, Geneva and Basel, Switzerland.
 McDonald's is the world's leading foodservice organization, with more than 12,000 restaurants in 59 countries. About 80 percent of McDonald's restaurant businesses are locally owned and operated by independent entrepreneurs.
 -0- 2/20/92
 /CONTACT: Sharon Vuinovich, 708-575-3395 (investor), or Chuck Ebeling, 708-575-6150 (media), both of McDonald's Corporation/
 (MCD) CO: McDonald's Corporation ST: Illinois IN: REA SU: DIV


DA -- CL013 -- 1059 02/20/92 15:27 EST
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Publication:PR Newswire
Date:Feb 20, 1992
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