(Reuters) - McDonald's Corp
The dividend will be payable on December 15, to shareholders of record at the close of business on December 1.
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"Today's announced dividend increase brings our 2011 expected total cash return to shareholders to about $6 billion through dividends and share repurchases," McDonald's Chief Executive Jim Skinner said in a statement.
McDonald's, one of the top-performing U.S. restaurant operators, has raised its dividend every year since paying its first dividend in 1976.
The new quarterly dividend of 70 per share is equivalent to $2.80 annually. The company's prior cash dividend was 61 cents per share, or $2.44 annually.
(Reporting by Lisa Baertlein; editing by Andre Grenon)