McDonald’s U.S. Third-Quarter Sales Rise, Fast-Food Giant Lifts Dividend

McDonald’s  (MCD) – Get Report, the world’s largest fast-food restaurant chain, reported that its U.S. comparable-store sales rose 4.6% in the third quarter, while its global comparable sales slid 2.2%.

The company also raised its dividend payable in December by 3% to $1.29 a share from $1.25 in September.

In the U.S, sales benefited from “strong average check growth from larger group orders as well as strong performance at the dinner daypart,” McDonald’s said in a statement.

“The company’s strategic marketing investments and resulting promotional activity drove low double-digit comparable sales for the month of September, including positive comparable sales across all dayparts. Comparable guest counts remained negative for the quarter,” the company added.

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