Latin American McDonald's franchisee Arcos Dorados (ARCO -1.65%) announced today its second-quarter dividend of $0.0596 per share on its Class A and Class B stock, slightly lower than the steady rate of $0.0597 per share it's paid since 2011.
The board of directors said the quarterly dividend is payable on July 5 to the holders of record at the close of business on July 2. The company will be paying out $12.5 million in cash dividends this quarter.
The regular dividend payment equates to approximately a $0.24-per-share annual dividend, yielding 1.8% based on the closing price of Arcos Dorados' stock on June 18.
ARCO Dividend data by YCharts
