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McKesson Corporation Stock Dividends Overview

MCK pays dividends quarterly. Last paid amount was $0.620 at Apr 01, 2024. As of today, dividend yield (TTM) is 0.632%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.632%
Frequency Quarterly
1Y Growth 14.81%
Payout Ratio 0
Amount Per Share $0.620
Next Ex-Dividend Date Jun 03, 2024
Next Payment Date Jul 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from MCK the purchase should be done within the next 35 days.
Here's a simple guide on how to buy MCK stock.

MCK Dividend Payout History

To ensure a understanding of MCK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 24, 2024 Jun 03, 2024 Jul 01, 2024 $0.620 0.114%
2 Feb 01, 2024 Mar 01, 2024 Apr 01, 2024 $0.620 0.116%
3 Feb 01, 2024 Feb 29, 2024 Apr 01, 2024 $0.620 0.116%
4 Oct 26, 2023 Nov 30, 2023 Jan 02, 2024 $0.620 0.131%
5 Jul 24, 2023 Aug 31, 2023 Oct 02, 2023 $0.620 0.142%
6 Apr 27, 2023 May 31, 2023 Jul 03, 2023 $0.540 0.128%
7 Jan 26, 2023 Feb 28, 2023 Apr 03, 2023 $0.540 0.148%
8 Oct 26, 2022 Nov 30, 2022 Jan 03, 2023 $0.540 0.144%
9 Jul 25, 2022 Aug 31, 2022 Oct 03, 2022 $0.540 0.156%
10 Apr 28, 2022 May 31, 2022 Jul 01, 2022 $0.470 0.143%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (46.21%)

Growth potential

Stable (0.61%)

MCK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MCK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MCK stock here.

Comparing MCK to Sector and Country

MCK pays a solid dividend yield of 0.632%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.373%). MCK’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.44%), which means that there are more attractive dividend stocks to consider.

MCK Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
A
Agilent Technologies Inc 40.365B $0.236 0.746% 21.60%
MCK
McKesson Corporation 70.952B $0.620 0.632% 10.27%

FAQ

What factors can affect the amount of MCK's dividend payments?
The amount of MCK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MCK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MCK stock be automatically reinvested?
If MCK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MCK stock.

How often does MCK pay dividend?
McKesson Corporation (MCK) pays dividends quarterly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is Jun 03, 2024, with an amount of $0.620.

How much does MCK pays per share?
The last recorder (Mar 01, 2024) dividend per share was $0.620.

What is MCK dividend growth rate?
Over the last year, McKesson Corporation has witnessed growth rate of 14.81% . Looking back over the past 3 years, this growth rate has been 13.86%. Furthermore, examining the past 5 years, McKesson Corporation has maintained an average Dividends Per Share Growth Rate of 9.71%.
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About McKesson Corporation

McKesson McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management,... MCK Profile

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