Mccormick's last dividend was on Oct 7, 2024 (ex-date) with a distribution of $0.42 per share. At an annualized rate of $1.68 per share, the stock yields 2.13%.
MKC has a dividend yield of 2.13% which is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.54%, Mccormick's dividend yield is 16% lower. The historical 5-year average of MKC's dividend yield is 1.8%, which is below the current yield.
Mccormick has been paying dividends since 1994. MKC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. However with the stock price up by 16% from a year ago, the dividend yield has decreased by 7%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 7, 2024 | $0.42 | 2.12% |
Jul 8, 2024 | $0.42 | 2.38% |
Apr 5, 2024 | $0.42 | 2.15% |
Dec 28, 2023 | $0.42 | 2.33% |
Oct 6, 2023 | $0.39 | 2.42% |
Jul 7, 2023 | $0.39 | 1.82% |
Apr 6, 2023 | $0.39 | 1.77% |
Dec 29, 2022 | $0.39 | 1.78% |
Oct 7, 2022 | $0.37 | 2.02% |
Jul 8, 2022 | $0.37 | 1.77% |
Apr 8, 2022 | $0.37 | 1.39% |
Dec 30, 2021 | $0.37 | 1.45% |
Oct 8, 2021 | $0.34 | 1.71% |
Jul 9, 2021 | $0.34 | 1.53% |
Apr 9, 2021 | $0.34 | 1.48% |
Dec 30, 2020 | $0.34 | 1.34% |
Oct 2, 2020 | $0.31 | 1.29% |
Jul 2, 2020 | $0.31 | 1.34% |
Apr 9, 2020 | $0.31 | 1.54% |
Dec 30, 2019 | $0.31 | 1.37% |
Oct 4, 2019 | $0.285 | 1.35% |
Jul 5, 2019 | $0.285 | 1.38% |
Apr 5, 2019 | $0.285 | 1.44% |
Dec 28, 2018 | $0.285 | 1.53% |
Oct 5, 2018 | $0.26 | 1.53% |
Jul 6, 2018 | $0.26 | 1.7% |
Apr 6, 2018 | $0.26 | 1.9% |
Dec 28, 2017 | $0.26 | 1.89% |
Oct 6, 2017 | $0.235 | 1.91% |
Jul 6, 2017 | $0.235 | 1.92% |
Apr 6, 2017 | $0.235 | 1.8% |
Dec 28, 2016 | $0.235 | 1.9% |
Oct 6, 2016 | $0.215 | 1.81% |
Jul 7, 2016 | $0.215 | 1.6% |
Apr 7, 2016 | $0.215 | 1.67% |
Dec 29, 2015 | $0.215 | 1.87% |
Oct 8, 2015 | $0.2 | 1.93% |
Jul 9, 2015 | $0.2 | 1.98% |
Apr 1, 2015 | $0.2 | 2.02% |
MKC has a payout ratio of 56.8% which is higher than the Consumer Defensive sector average but lower than the industry average. If we compare it with the Consumer Defensive sector average of 52.3%, Mccormick's payout ratio is 9% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAG Conagra Brands Inc | 5.16% | $1.4 | 135.9% |
PEP Pepsico Inc | 3.49% | $5.33 | 78.3% |
TSN Tyson Foods Inc | 3.4% | $1.97 | 85.3% |
MKC Mccormick & Co Inc | 2.13% | $1.68 | 56.8% |
Yes, Mccormick has paid four dividends in the last twelve months. MKC has been paying dividends since 1994.
Mccormick's last dividend ex-date was on Oct 7, 2024. The dividend amount was $0.42 per share.
On an annual basis MKC pays $1.68 per share.
Currently Mccormick's dividend yield is 2.13%.
Mccormick has a quarterly dividend frequency.
Mccormick's dividend payout ratio is 56.8%.
Mccormick's dividend yield is below the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.