Dividend history
McDonald’s CDR (CAD Hedged)
MCDS.TO
Recent payments
$0.1559CAD
Ex: Sep 1, 2026
Pay: Sep 23
$0.1562CAD
Ex: Dec 1, 2025
$0.1524CAD
Ex: Sep 2, 2025
$0.1510CAD
Ex: Jun 2, 2025
$0.1534CAD
Ex: Mar 3, 2025
$0.1568CAD
Ex: Dec 2, 2024
$0.1472CAD
Ex: Sep 3, 2024
$0.1467CAD
Ex: Jun 3, 2024
$0.1472CAD
Ex: Feb 29, 2024
$0.1459CAD
Ex: Nov 30, 2023
What the Ex-Dividend Date Means for Investors
McDonald’s CDR (CAD Hedged) (MCDS.TO) went ex-dividend on September 1, 2026. If you bought shares on or after this date, you won’t receive the upcoming dividend payment of CA$0.1559 CAD. The record date was also September 1, so only shareholders on record by this date will get the payment on September 23, 2026.
Advertisement
McDonald’s CDR (CAD Hedged)
MCDS.TO
MCDS.TO
McDonald’s CDR (CAD Hedged)
WealthAwesomeMarket cap
$216.45B
P/E
20.9x
Div. yield
32.07%
Div. / share
$7.26
52W high
$28.63
52W low
$22.05
1W change
+0.00%
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MCDS's historical volatility
30-Day Vol
26.2%
Annualized
90-Day Vol
21.4%
Annualized
Trend (90d)
-27.0%
Annualized drift
90d Mean
C$20.47
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$21.84 | C$19.95 – C$23.90 |
| 60 trading days | C$21.14 | C$18.61 – C$24.02 |
| 90 trading days | C$20.47 | C$17.51 – C$23.94 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor Takeaway: Knowing the ex-dividend date is essential for anyone looking to earn dividend income. Only investors who held shares before this date qualify for the payout. This is especially important for Canadian retail investors planning their strategies in registered accounts like TFSAs or RRSPs.
Dividend Details
The dividend for McDonald’s CDR (CAD Hedged) is CA$0.1559 CAD, with a trailing yield of 32.07%.
What is the Ex-Dividend Date?
Advertisement
The ex-dividend date is crucial for dividend investors. It’s the cutoff date set by a company to determine who gets the next dividend payment. If you buy shares on or after this date, you won’t receive the dividend. For McDonald’s CDR (CAD Hedged), the ex-dividend date was September 1, 2026, meaning only those who owned shares before this date will receive the dividend.
Upcoming Dividend Payment
After the ex-dividend date, McDonald’s CDR (CAD Hedged) will pay a dividend of CA$0.1559 CAD to eligible shareholders on September 23, 2026. Keep in mind that this amount is slightly lower than the previous dividend of CA$0.1562. However, McDonald’s has a solid history of consistent payments, with 11 dividends issued over the past three years and six increases noted.
Dividend calendar
| Ticker | MCDS.TO |
| Amount | CA$0.1559 |
| Ex-dividend | 2026-09-01 |
| Record | 2026-09-01 |
| Payment | 2026-09-23 |
| Declared | 2026-07-28 |
| Trailing yield | 32.07% |
| Stock page | MCDS.TO dividend history |
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
