McCormick & Company Incorporated Stock Dividends
McCormick & Company Incorporated Stock Dividends Overview
MKC pays dividends quarterly. Last paid amount was $0.420 at Apr 22, 2024. As of today, dividend yield (TTM) is 2.88%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 2.88% |
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Frequency | Quarterly |
1Y Growth | 7.69% |
Payout Ratio | 0 |
Amount Per Share | $0.420 |
McCormick & Company Incorporated has not yet announced its next dividend date. Last payment date was: Apr 22, 2024.
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MKC Dividend Payout History
To ensure a understanding of MKC'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.
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
11 | Nov 30, 2021 | Dec 30, 2021 | Jan 10, 2022 | $0.370 | 0.391% |
12 | Sep 28, 2021 | Oct 08, 2021 | Oct 26, 2021 | $0.340 | 0.419% |
13 | Jun 29, 2021 | Jul 09, 2021 | Jul 26, 2021 | $0.340 | 0.398% |
14 | Mar 31, 2021 | Apr 09, 2021 | Apr 26, 2021 | $0.340 | 0.376% |
15 | Nov 20, 2020 | Dec 30, 2020 | Jan 11, 2021 | $0.340 | 0.363% |
16 | Sep 22, 2020 | Oct 02, 2020 | Oct 19, 2020 | $0.310 | 0.314% |
17 | Jun 23, 2020 | Jul 02, 2020 | Jul 20, 2020 | $0.310 | 0.324% |
18 | Apr 01, 2020 | Apr 09, 2020 | Apr 27, 2020 | $0.310 | 0.395% |
19 | Nov 26, 2019 | Dec 30, 2019 | Jan 13, 2020 | $0.310 | 0.375% |
20 | Sep 24, 2019 | Oct 04, 2019 | Oct 21, 2019 | $0.285 | 0.351% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MKC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MKC 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 MKC stock here.
Comparing MKC to Sector and Country
MKC pays a solid dividend yield of 2.88%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.92%). MKC’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Defensive sector in the US market (5.79%), which means that there are more attractive dividend stocks to consider.
MKC Stock Competitors
Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
---|---|---|---|---|---|
Hormel Foods Corporation | 19.766B | $0.283 | 3.29% | 75.65% | |
McCormick & Company Incorporated | 19.944B | $0.420 | 2.88% | 60.30% |