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McDonald’s CDR (CAD Hedged) (MCDS.TO) pays CA$0.1559 on 2026-09-23

By Wealth Awesome -

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Dividend history

McDonald’s CDR (CAD Hedged)

MCDS.TO

Full quote →
$0.000$0.078$0.1572023-08-31: $0.13482023-11-30: $0.14592024-02-29: $0.14722024-06-03: $0.14672024-09-03: $0.14722024-12-02: $0.15682025-03-03: $0.15342025-06-02: $0.15102025-09-02: $0.15242025-12-01: $0.15622026-09-01: $0.1559Aug 23Dec 24Sep 26

Recent payments

$0.1559CAD

Ex: Sep 1, 2026

Pay: Sep 23

Quarterly

$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


Upcoming Dividend Payment

In just 7 days, McDonald’s CDR (CAD Hedged) (MCDS.TO) will pay a dividend of CA$0.1559 on September 23, 2026. To receive this dividend, you need to own the stock by the ex-dividend date of September 1, 2026.

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McDonald’s CDR (CAD Hedged)

MCDS.TO

Full stock page →

MCDS.TO

McDonald’s CDR (CAD Hedged)

Source:WealthAwesomeWealthAwesome
$5.05 (-18.30%)
120 day period
$22.15$25.56$28.98Feb 11May 8Aug 4

Market 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 Model

Statistical 90-day price range based on MCDS's historical volatility

HistoricalForecast68%95%
C$14.53C$17.39C$20.25C$23.11C$25.97C$28.83TodayMar 26Jun 1Aug 4Sep 16Oct 30Dec 12

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

HorizonExpected68% Range (1σ)
30 trading daysC$21.84C$19.95C$23.90
60 trading daysC$21.14C$18.61C$24.02
90 trading daysC$20.47C$17.51C$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.

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Investor Takeaway

For Canadian retail investors, this dividend can be received in registered accounts like a TFSA or RRSP, offering a potential tax-efficient income stream.

Dividend Details

The upcoming dividend payment gives a trailing yield of 32.07%.

Dividend Payment Timeline

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Mark your calendar for September 23, 2026, when the dividend of CA$0.1559 will be paid. Remember, to qualify for this dividend, you needed to purchase shares before the ex-dividend date on September 1, 2026. This date also serves as the record date, confirming your eligibility for the payment.

Dividend History

McDonald’s CDR has consistently paid dividends, with 11 payments over the past three years. This includes six increases, showing their commitment to returning value to shareholders. The last dividend was CA$0.1562, which is a slight decrease from the upcoming payment.

Dividend calendar

TickerMCDS.TO
AmountCA$0.1559
Ex-dividend2026-09-01
Record2026-09-01
Payment2026-09-23
Declared2026-07-28
Trailing yield32.07%
Stock pageMCDS.TO dividend history

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Wealth Awesome
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Wealth Awesome

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✅ 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.

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📊 Data AccuracyVerified sources
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⚠️ 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.

Published: September 16, 2026
Last Updated: September 16, 2026
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