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McCormick & Company, Incorporated (MKC)
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MKC Dividends

McCormick & Company, Incorporated (MKC) pays $1.86 in dividends per share, with a current dividend yield of 3.77%. The company has dividend history for 38 consecutive years.

MKC Dividend Summary

Consecutive Years

38

Most Recent Ex-Date

Apr 20, 2026

Most Recent Payment

Apr 27, 2026

MKC Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

MKC Dividends CAGR Chart

McCormick & Company, Incorporated (MKC)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.48
2025$1.83+7.02%
2024$1.71+7.55%
2023$1.59+6.00%
2022$1.50+7.91%
2021$1.39+9.45%
2020$1.27+9.01%
2019$1.17+9.39%
2018$1.06+10.36%
2017$0.96+9.66%
2016$0.88+7.98%
2015$0.82+7.95%
2014$0.75+8.63%
2013$0.70+9.45%
2012$0.64+10.43%
2011$0.58+8.49%
2010$0.53+8.16%
2009$0.49+8.89%
2008$0.45+9.76%
2007$0.41+10.81%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.48+6.67%
Q4 2025$0.93+6.90%
Q3 2025$0.45+7.14%
Q2 2025$0.45+7.14%
Q4 2024$0.87+7.41%
Q3 2024$0.42+7.69%
Q2 2024$0.42+7.69%
Q4 2023$0.81+6.58%
Q3 2023$0.39+5.41%
Q2 2023$0.39+5.41%
Q4 2022$0.76+7.04%
Q3 2022$0.37+8.82%
Q2 2022$0.37+8.82%
Q4 2021$0.71+9.23%
Q3 2021$0.34+9.68%
Q2 2021$0.34+9.68%
Q4 2020$0.65+9.24%
Q3 2020$0.31+8.77%
Q2 2020$0.31+8.77%
Q4 2019$0.59+9.17%
Q3 2019$0.28+9.62%
Q2 2019$0.28+9.62%
Q4 2018$0.54+10.10%
Q3 2018$0.26+10.64%

Dividend Yield Metrics

Current Yield
3.77%
Average Yield (TTM)
3.77%
Average Yield (3Y)
3.47%
Forward Yield on Cost (3Y)
4.97%
Forward Yield on Cost (5Y)
5.97%
Forward Yield on Cost (10Y)
9.44%

Payout Ratio Analysis

Payout Ratio (Current)
63.27%
FCF Payout Ratio
58.71%
Payout Ratio (3Y Avg)
61.00%
Payout Ratio (5Y Avg)
58.24%
FCF Payout (3Y Avg)
60.40%
FCF Payout (5Y Avg)
70.40%

Dividend Coverage

Payout Ratio
63.3%
Dividends / net income
FCF Payout Ratio
58.7%
Dividends / free cash flow
Consecutive Years
38 years
Years with regular dividend payments
5Y Dividend Growth
7.6%
Compound annual dividend growth

About McCormick & Company, Incorporated

McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.

Hunt Valley, MD
14,100 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Brendan Foley