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McDONALD'S ANNOUNCES DIVIDEND INCREASE AT ANNUAL MEETING

 McDONALD'S ANNOUNCES DIVIDEND INCREASE AT ANNUAL MEETING
 OAK BROOK, Ill., May 22 /PRNewswire/ -- Nearly 2,000 shareholders -- including employees, franchisees, and suppliers -- today attended McDonald's Annual Meeting of Shareholders held on McDonald's Office Campus in Oak Brook, Ill.
 Members of management who serve on the board of directors reviewed McDonald's business philosophy, and made the following key points:
 -- In 1992, the System is building on the momentum started in 1991 with a focus on three priorities: enhancement of our value message; providing extraordinary customer care; and remaining an efficient producer.
 -- The McDonald's System currently owns 13.5 percent of the common stock outstanding. Stock ownership gives our people additional incentive to contribute to System growth, and aligns their interests with shareholders.
 -- In July, McDonald's will take service to a new level in the U.S., by introducing a simple guarantee: if you are not satisfied, we will make it right -- or your next meal is on us.
 -- McDonald's was recently ranked number one by consumers and number two by experts in a national survey on environmental leadership, conducted by Cambridge Reports/Research International.
 Chairman and chief executive officer Michael R. Quinlan announced an 8 percent increase in the quarterly common stock cash dividend, from 9.25 cents to 10 cents per share, payable on June 19, 1992 to common shareholders of record at the close of business on June 2, 1992.
 Quinlan remarked, "1992 represents the 17th consecutive year in which we paid dividends, and the 18th time the dividend has been increased. Last year McDonald's was recognized by Moody's Investors Service as a 1991 Dividend Achiever because of our record of consecutive increases. Only 360 of the nearly 10,000 companies in Moody's universe qualified for this distinction."
 For the third year in a row, the National Association of Investors Corporations (NAIC) ranking in Better Investing magazine indicated that McDonald's is the most popular and widely held stock of investment clubs. McDonald's was also ranked as the most widely held stock among NAIC individual members according to the first annual survey conducted this year. Nearly 2.5 million shares of McDonald's are owned by 3,600 clubs and 7,800 individual members.
 Shareholders elected directors, passed an amendment to the Charter regarding Board size, and approved an incentive plan.
 Quinlan announced the appointment of the following four advisory directors, chosen from management around the world, to serve a one- year term with the elected Board of Directors:
 John S. Charlesworth -- Zone Vice President
 Burton D. Cohen -- Senior Vice President, Licensing
 Thomas W. Glasgow, Jr. -- Executive Vice President and Chief
 Operations Officer
 Gregory J. Ryan -- Managing Director -- Sao Paulo, Brazil
 McDonald's is the world's leading foodservice organization, with more than 12,400 restaurants in 61 countries. About 80 percent of McDonald's restaurant businesses are locally owned and operated by independent entrepreneurs.
 -0- 5/22/92
 /CONTACT: Sharon Vuinovich (investors), 708-575-3395, or Chuck Ebeling (media), 708-575-6150, both of McDonald's Corporation/ CO: McDonald's Corporation ST: Illinois IN: LEI SU: DIV


BM -- CL009 -- 3274 05/22/92 11:40 EDT
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Publication:PR Newswire
Date:May 22, 1992
Words:507
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