McCormick (MKC) Dividend History & Analysis

Track McKesson's (MKC) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 2.74%
Dividends per Share 12m 2.16
Dividend Growth Rate 5y 6.13%
Overall Dividend Rating 66.19%
Yield on Cost 5y 3.12%
Payout Ratio 48.2%
Payout Frequency 12m 5
Payout Consistency 100.0%
Total Return 12m: 8.44%
#40 in Group
Total Return 5y: 16.61%
#53 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Packaged Foods & Meats

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
MKC 21,687m 2.74% 3.12%
SZU 2,554m 9.62% 10.4%
BGS 525m 10.7% 6.38%
CLA-B 823m 7.86% 10.9%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
MKC 21,687m 6.13% 48.2%
CALM 4,464m 204% 43.4%
PRMB 12,601m 37.5% 136%
HLF 352m 23.0% 30.0%

MKC Dividend History: Last 40 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-04-07 2025-04-07 2025-04-21 Quarterly 0.45
2024-12-30 2024-12-30 2025-01-13 Quarterly 0.45 7.1% 0.59%
2024-10-07 2024-10-07 2024-10-21 Quarterly 0.42 0.53%
2024-07-08 2024-07-08 2024-07-22 Quarterly 0.42 0.59%
2024-04-05 2024-04-08 2024-04-22 Quarterly 0.42 0.55%
2023-12-28 2023-12-29 2024-01-08 Quarterly 0.42 7.7% 0.62%
2023-10-06 2023-10-10 2023-10-24 Quarterly 0.39 0.6%
2023-07-07 2023-07-10 2023-07-24 Quarterly 0.39 0.46%
2023-04-06 2023-04-10 2023-04-24 Quarterly 0.39 0.46%
2022-12-29 2022-12-30 2023-01-09 Quarterly 0.39 5.4% 0.47%
2022-10-07 2022-10-11 2022-10-25 Quarterly 0.37 0.51%
2022-07-08 2022-07-11 2022-07-25 Quarterly 0.37 0.45%
2022-04-08 2022-04-11 2022-04-25 Quarterly 0.37 0.36%
2021-12-30 2021-12-31 2022-01-10 Quarterly 0.37 8.8% 0.39%
2021-10-08 2021-10-12 2021-10-26 Quarterly 0.34 0.42%
2021-07-09 2021-07-12 2021-07-26 Quarterly 0.34 0.39%
2021-04-09 2021-04-12 2021-04-26 Quarterly 0.34 0.38%
2020-12-30 2020-12-31 2021-01-11 Quarterly 0.34 9.7% 0.36%
2020-10-02 2020-10-05 2020-10-19 Quarterly 0.31 0.16%
2020-07-02 2020-07-06 2020-07-20 Quarterly 0.31 0.17%
2020-04-09 2020-04-13 2020-04-27 Other 0.31 0.21%
2019-12-30 2019-12-31 2020-01-13 Quarterly 0.31 8.8%
2019-10-04 2019-10-07 2019-10-21 Quarterly 0.285
2019-07-05 2019-07-08 2019-07-22 Quarterly 0.285
2019-04-05 2019-04-08 2019-04-22 Quarterly 0.285
2018-12-28 2018-12-31 2019-01-14 Quarterly 0.285 9.6%
2018-10-05 2018-10-09 2018-10-23 Quarterly 0.26
2018-07-06 2018-07-09 2018-07-23 Quarterly 0.26
2018-04-06 2018-04-09 2018-04-23 Quarterly 0.26
2017-12-28 2017-12-29 2018-01-16 Quarterly 0.26 10.6%
2017-10-06 2017-10-10 2017-10-24 Quarterly 0.235
2017-07-06 2017-07-10 2017-07-24 Quarterly 0.235
2017-04-06 2017-04-10 2017-04-24 Quarterly 0.235
2016-12-28 2016-12-30 2017-01-17 Quarterly 0.235 9.3%
2016-10-06 2016-10-11 2016-10-25 Quarterly 0.215
2016-07-07 2016-07-11 2016-07-25 Quarterly 0.215
2016-04-07 2016-04-11 2016-04-25 Quarterly 0.215
2015-12-29 2015-12-31 2016-01-15 Quarterly 0.215 7.5%
2015-10-08 2015-10-13 2015-10-27 Quarterly 0.2
2015-07-09 2015-07-13 2015-07-27 Quarterly 0.2

MKC Dividend FAQ

Does MKC pay dividends?

Yes, as of April 2025, MKC paid a dividend of 2.16 USD in the last 12 months. The last dividend was paid on 2025-04-07.

What is the Dividend Yield of MKC?

As of April 2025, MKC`s dividend yield is 2.74%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.16M USD by the current share price of 80.84.

How often does MKC pay dividends?

MKC pays dividends quarterly. Over the last 12 months (TTM), MKC has issued 5 dividend payments.

What is the next Ex-Dividend Date for MKC?

The next ex-dividend date for McCormick (MKC) is 2025-04-07.

What is the Dividend Growth of MKC?

MKC's average dividend growth rate over the past 5 years is 6.13M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of MKC?

MKC's 5-Year Yield on Cost is 3.12M%. This represents the effective dividend yield for an investor who bought McCormick five years ago. It is calculated as the sum of all trailing 12-month dividends (2.16M) divided by the purchase price five years ago (69.32):

What is the Payout Consistency of MKC?

MKC Payout Consistency is 100.0%.
Highly consistent: McCormick has a strong track record of consistent dividend payments.

Does MKC have a good Dividend Yield?

MKC`s 2.74% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of MKC?

The Dividend Payout Ratio of MKC is 48.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of MKC?

MKC`s Overall Dividend Rating is 66.19%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

MKC Outstanding Shares Analysis

What is the Trend in MKC`s Outstanding Shares?

McCormick`s outstanding shares have decreased by approximately -0.04% annually over the past 5 years (Correlation: -90.0%), positively influencing stock price.

Has McCormick ever had a Stock Split?

Yes, last Stock Split was on 2020-12-01 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1985 390,688,000
1986 385,920,000 -1.22%
1987 384,448,000 -0.38%
1988 374,432,000 -2.61%
1989 331,664,000 -11.42%
1990 321,856,000 -2.96%
1991 319,552,000 -0.72%
1992 320,820,000 +0.4%
1993 323,984,000 +0.99%
1994 324,764,000 +0.24%
1995 325,260,000 +0.15%
1996 303,924,000 -6.56%
1997 293,868,000 -3.31%
1998 285,792,000 -2.75%
1999 556,296,000 +94.65%
2000 272,676,900 -50.98%
2001 278,428,400 +2.11%
2002 281,112,000 +0.96%
2003 274,714,000 -2.28%
2004 271,298,000 -1.24%
2005 265,222,000 -2.24%
2006 260,688,000 -1.71%
2007 255,900,000 -1.84%
2008 260,600,000 +1.84%
2009 264,600,000 +1.53%
2010 265,800,000 +0.45%
2011 268,600,000 +1.05%
2012 268,200,000 -0.15%
2013 262,200,000 -2.24%
2014 259,600,000 -0.99%
2015 258,000,000 -0.62%
2016 254,400,000 -1.4%
2017 265,200,000 +4.25%
2018 267,500,000 +0.87%
2019 268,600,000 +0.41%
2020 269,700,000 +0.41%
2021 270,000,000 +0.11%
2022 269,900,000 -0.04%
2023 269,600,000 -0.11%
2024 269,700,000 +0.04%
2025 269,500,000 -0.07%