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
AI Analysis of MKC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.88% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 7.69% |
| Payout Ratio | 0 |
| Amount Per Share | $0.420 |
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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 | |
|---|---|---|---|---|---|
| 71 | Nov 28, 2006 | Dec 27, 2006 | Jan 19, 2007 | $0.100 | 0.524% |
| 72 | Sep 26, 2006 | Oct 04, 2006 | Oct 20, 2006 | $0.0900 | 0.486% |
| 73 | Jun 27, 2006 | Jul 05, 2006 | Jul 21, 2006 | $0.0900 | 0.517% |
| 74 | Mar 22, 2006 | Mar 30, 2006 | Apr 17, 2006 | $0.0900 | 0.539% |
| 75 | Nov 22, 2005 | Dec 28, 2005 | Jan 20, 2006 | $0.0900 | 0.590% |
| 76 | Sep 27, 2005 | Oct 05, 2005 | Oct 21, 2005 | $0.0800 | 0.526% |
| 77 | Jun 28, 2005 | Jul 06, 2005 | Jul 22, 2005 | $0.0800 | 0.464% |
| 78 | Mar 23, 2005 | Mar 31, 2005 | Apr 15, 2005 | $0.0800 | 0.467% |
| 79 | Nov 23, 2004 | Dec 29, 2004 | Jan 21, 2005 | $0.0800 | 0.412% |
| 80 | Sep 28, 2004 | Oct 06, 2004 | Oct 22, 2004 | $0.0700 | 0.400% |
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 (5.86%), 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 | 20.138B | $0.283 | 3.29% | 75.65% | |
| McCormick & Company Incorporated | 19.943B | $0.420 | 2.88% | 60.30% |
