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McDonald's raises quarterly dividend 10% to 77c from 70c per share

The dividend is payable on December 17 to shareholders of record at the close of business on December 3. McDonald's CEO Don Thompson said, "Today's announced dividend increase brings our 2012 expected total cash return to shareholders to at least $5.5 billion through dividends and share repurchases." McDonald's has raised its dividend each and every year since paying its first dividend in 1976. The new quarterly dividend of 77c per share is equivalent to $3.08 annually.