McCormick & Company, Incorporated (MKC) Yield on Cost (YOC): 3.74%
The yield on cost (YOC) for McCormick & Company, Incorporated (MKC) is 3.74%.
MKC Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
3.74%
Yield on Cost for MKC
MKC now pays $1.86 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-08) | $49.40 | 3.77% |
| 5 years ago(2021-06-16) | $87.57 | 2.12% |
| 3 years ago(2023-06-06) | $90.15 | 2.06% |
| 1 year ago(2025-06-10) | $75.58 | 2.46% |
| Buying today(at $49.69) | $49.69 | 3.74% |
If you buy today and the dividend keeps growing
Projection: starting from today's 3.74% yield, assuming the dividend keeps compounding at its historical 7.6% rate. Boards set dividends each year, so actual figures will differ.
Today
3.74%
In 3 years
4.93%
In 5 years
5.92%
In 10 years
9.36%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for McCormick & Company, Incorporated (MKC).
Starting Yield
3.74%
Ending YOC
11.20%
Year 15 Dividend
$5.57
Cum. Dividends Recd.
$52.59
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.86 | — | 3.74% | $0.00 |
| Year 1 | $2.00 | +7.58% | 4.03% | $2.00 |
| Year 2 | $2.15 | +7.58% | 4.33% | $4.15 |
| Year 3 | $2.32 | +7.58% | 4.66% | $6.47 |
| Year 4 | $2.49 | +7.58% | 5.01% | $8.96 |
| Year 5 | $2.68 | +7.58% | 5.39% | $11.64 |
| Year 6 | $2.88 | +7.58% | 5.80% | $14.52 |
| Year 7 | $3.10 | +7.58% | 6.24% | $17.63 |
| Year 8 | $3.34 | +7.58% | 6.72% | $20.96 |
| Year 9 | $3.59 | +7.58% | 7.22% | $24.55 |
| Year 10 | $3.86 | +7.58% | 7.77% | $28.42 |
| Year 11 | $4.15 | +7.58% | 8.36% | $32.57 |
| Year 12 | $4.47 | +7.58% | 9.00% | $37.04 |
| Year 13 | $4.81 | +7.58% | 9.68% | $41.85 |
| Year 14 | $5.17 | +7.58% | 10.41% | $47.02 |
| Year 15 | $5.57 | +7.58% | 11.20% | $52.59 |
McCormick & Company, Incorporated Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
McCormick & Company, Incorporated Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for McCormick & Company, Incorporated (MKC)?
- The yield on cost (YOC) for MKC stock is 3.74%.
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.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Brendan Foley