McDonald’s and KB Home Boost Their Dividends

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Karen Bleier/AFP via Getty Images


McDonald’s,


RPM International,

and

KB Home

were among the U.S. companies that declared dividend increases last week.

They come at a time when there are signs that dividends, many of which were cut or suspended due to the pandemic earlier this year, are stabilizing.

S&P Dow Jones Indices is now forecasting a 1% decline in S&P 500 dividend payments this year versus 2019 levels, an improvement from its forecast in May of a 3-4% drop.

Fast-food restaurant company McDonald’s (ticker: MCD) declared a quarterly disbursement of $1.29 a share, up 3% from $1.25.

The stock, which yields, 2.3%, has gained about 16% this year, dividends included.

Home builder KB Home (KBH) plans to up its quarterly payout to 15 cents a share from 9 cents. That’s a 67% increase.

The stock, which has returned about 20% year to date, yields 0.9%.

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Gardens McDonald’s reopens dining room after $450,000 renovation

Jodie Wagner
 
| Palm Beach Post

PALM BEACH GARDENS — COVID-conscious and color-coordinated, the McDonald’s restaurant on Alternate A1A in the Promenade Shopping Plaza welcomed back customers to its newly renovated dining room last month.

Owner Ricky Wade, who operates 30 McDonald’s restaurants in Palm Beach and Martin counties, including a second Palm Beach Gardens location at 3805 Northlake Blvd., transformed the eatery at 9880 Alternate A1A from a traditional look into a contemporary one.

The $450,000 renovation includes a modernized dining room with locally inspired decor, remodeled counters, digital menu boards, new furniture, privacy seating, curbside and in-store pickup through mobile order and pay, and remodeled bathrooms.

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“The new look is much more relevant to millennials and those ages 18-to-36,” said Wade, who has remodeled all but

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