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Calculator/MCD

MCD Dividend Calculator

McDonald's Corporation — Project your returns with dividend reinvestment (DRIP). Pays quarterly.

Price:$302.53
TTM Dividend:$7.2600/share
TTM Yield:2.40%
Frequency:Quarterly
5Y Div CAGR:7.3%
5Y Price CAGR:5.2%

What is MCD?

MCD is an income-focused ETF issued by McDonald's. Dividend King with 50 consecutive years of dividend increases (crossed the 50-year threshold and joined the Kings in 2025). Global franchised fast-food operator with 40,000+ restaurants in over 100 countries. Annual dividend around $7.44/share, forward yield ~2.5%, payout ratio ~60%. Three-year dividend growth rate near 9% with the most recent raise around 6%. Typical timing: annual dividend raise declared in October.

MCD Dividend Calculator

Yield: 2.46%

1Y: 5.8% | 3Y: 8.2% | 5Y: 7.3% | 10Y: 7.6%

1Y: -4.3% | 3Y: 1.1% | 5Y: 5.2% | 10Y: 9.0%

years

Portfolio Value (DRIP)

$29.9K

Portfolio Value (No DRIP)

$23.7K

Total Dividends (DRIP)

$3,990.07

Total Dividends (No DRIP)

$3,498.97

Annual Dividend (DRIP)

$646.01

YoC: 6.46%

Annual Dividend (No DRIP)

$512.55

YoC: 5.13%

DRIP Advantage

Total invested: $10.0K

+26.04%

$6,181.49 more

View MCD Dividend History →MCD Total Return →
Portfolio Growth

MCD Real Yield

Headline yield adjusted for NAV erosion (1Y)

Headline

2.4%

→

Real

-2.0%

NAV -4.3%
See full total return analysis →

MCD Dividend History

Ex-DateAmountChangeYield
Mar 3, 2026$1.8600+0.0%2.46%
Dec 1, 2025$1.8600+5.1%2.46%
Sep 2, 2025$1.7700+0.0%2.34%
Jun 2, 2025$1.7700+0.0%2.34%
Mar 3, 2025$1.7700+0.0%2.34%
Dec 2, 2024$1.7700+6.0%2.34%
Sep 3, 2024$1.6700+0.0%2.21%
Jun 3, 2024$1.6700+0.0%2.21%
Feb 29, 2024$1.6700+0.0%2.21%
Nov 30, 2023$1.6700+9.9%2.21%
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How MCD generates income

MCD is an income-focused ETF issued by McDonald's. Dividend King with 50 consecutive years of dividend increases (crossed the 50-year threshold and joined the Kings in 2025). Global franchised fast-food operator with 40,000+ restaurants in over 100 countries. Annual dividend around $7.44/share, forward yield ~2.5%, payout ratio ~60%. Three-year dividend growth rate near 9% with the most recent raise around 6%. Typical timing: annual dividend raise declared in October.

The fund is designed for investors who prioritize regular income distributions. The yield comes from a combination of dividends from the underlying holdings and any income-generating strategies the fund employs.

Income source
Dividends from underlying holdings
Issuer
McDonald's

About the MCD Dividend Calculator

This MCD dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live MCD data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.

The MCD DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more MCD shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting MCD dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.

Why this calculator is more accurate than most

Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.

We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.

You can toggle between the two modes above the input form. For MCD, dividend-growth mode is the default and matches how most investors think about this asset.

The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The MCD dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.

MCD DRIP calculator — frequently asked questions

How does the MCD DRIP calculator work?▾
The MCD calculator simulates two parallel scenarios: one where every dividend is paid out as cash, and one where every dividend automatically buys more MCD shares. It uses the current MCD price, the most recent dividend payment, the detected payment frequency (quarterly), and a historical dividend growth rate to project your balance month by month. You can override any prefilled value — custom yield, custom growth rate, extra monthly contributions, and tax drag — and the chart updates instantly in your browser with no server calls after the initial page load.
Why does the MCD calculator prefill a yield that's different from the headline number I see elsewhere?▾
We use forward annualization — the most recent per-share payment multiplied by the payment frequency — rather than the trailing twelve-month sum. For MCD paying quarterly, that is the most honest estimate of what you would earn going forward if the next payout matches the most recent one. Headline "TTM yield" figures include payouts from many months ago, which overstates the income of ETFs whose distributions have been trending down and understates the income of ETFs whose distributions have been trending up.
What dividend growth rate should I use for MCD?▾
The calculator offers historical 1Y, 3Y, 5Y, and 10Y dividend CAGR figures for MCD where data is available. For long projections, the 5Y number is usually more representative than shorter windows. If MCD is a covered-call or high-yield fund, be cautious — high headline yields often come paired with flat or negative dividend growth, and a 5Y dividend CAGR calculated from a shrinking distribution can be misleading.
Does the MCD calculator account for taxes?▾
Yes. You can enter a tax rate and the calculator will deduct it from each dividend before reinvesting or paying out. For MCD, the realistic rate depends on whether your dividends are classified as qualified (lower rate), ordinary (higher rate), or return of capital (not taxed until sale). For index and traditional dividend ETFs, most distributions are qualified dividends taxed at long-term capital gains rates. The calculator applies the same rate to every payment; real-world tax treatment can be more nuanced.
Can I use the MCD calculator for retirement account projections?▾
Yes. If you plan to hold MCD in a Roth IRA, Traditional IRA, or 401(k), set the tax rate to 0% — distributions inside those accounts are not taxed year-by-year. In a Traditional IRA you will pay ordinary income tax on withdrawals later, so the post-tax balance will be lower than what the calculator shows; in a Roth IRA, qualified withdrawals are tax-free and the calculator figures are directly applicable. The "extra monthly contributions" field is useful for modeling ongoing IRA or 401(k) payroll contributions into the same position.
How is MCD different from buying the underlying directly?▾
MCD is a fund that holds a basket of securities and distributes the income on a regular schedule. Buying the constituents directly would give you the same economic exposure but require far more capital and effort. The trade-off is the fund's expense ratio, which is deducted from returns annually.
MCD Total Return Analyzer →MCD Dividend History →Compare MCD →Generic Dividend CalculatorBrowse all dividend tickers →Why is MCD moving? →