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McDonald's Corporation
Payout policy
In this part of the assignment, you will provide an overview of McDonald's Corporation's payout policy in recent years. Which percentage of the company's earnings was distributed to investors as dividends? Which percentage of earnings was reinvested in the company? Did the company engage in dividend smoothing? Did the company share any repurchases in recent years? (One way to find out about share repurchases is to investigate any changes in number of outstanding shares on the company's balance sheets between different years). Why did the company make these decisions?
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