McDonald's Corporation (NYSE:MCD) declared a quarterly cash dividend of $0.70 per share of common stock payable on December 15, 2011 to shareholders of record at the close of business on December 1, 2011. This represents a 15% increase over the Company's previous quarterly dividend rate and brings the fourth quarter dividend payout to over $700 million. McDonald's Chief Executive Officer Jim Skinner said, "Today's announced dividend increase brings our 2011 expected total cash return to shareholders to about $6 billion through dividends and share repurchases."

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