Mccormick's last quarterly dividend was on Oct 7, 2022 (ex-date) with a distribution of $0.37 per share. At an annualized rate of $1.48 per share, the stock yields 1.71%.
MKC has a dividend yield of 1.71% which is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.08%, Mccormick's dividend yield is 18% lower. The historical 5-year average of MKC's dividend yield is 1.6%, which is similar to 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 decreased by 13% for the last twelve months. And with the stock price down by 2.4% from a year ago, the dividend yield has decreased by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 7, 2022 | Oct 25, 2022 | Sep 29, 2022 | $0.37 | normal |
| Jul 8, 2022 | Jul 25, 2022 | Jun 28, 2022 | $0.37 | normal |
| Apr 8, 2022 | Apr 25, 2022 | Mar 30, 2022 | $0.37 | normal |
| Dec 30, 2021 | Jan 10, 2022 | Nov 30, 2021 | $0.37 | normal |
| Oct 8, 2021 | Oct 26, 2021 | Sep 28, 2021 | $0.34 | normal |
| Jul 9, 2021 | Jul 26, 2021 | Jun 29, 2021 | $0.34 | normal |
| Apr 9, 2021 | Apr 26, 2021 | Mar 31, 2021 | $0.34 | normal |
| Dec 30, 2020 | Jan 11, 2021 | Nov 20, 2020 | $0.68 | normal |
| Oct 2, 2020 | Oct 19, 2020 | Sep 22, 2020 | $0.31 | normal |
| Jul 2, 2020 | Jul 20, 2020 | Jun 23, 2020 | $0.31 | normal |
| Apr 9, 2020 | Apr 27, 2020 | Apr 1, 2020 | $0.31 | normal |
| Dec 30, 2019 | Jan 13, 2020 | Nov 26, 2019 | $0.31 | normal |
| Oct 4, 2019 | Oct 21, 2019 | Sep 24, 2019 | $0.285 | normal |
| Jul 5, 2019 | Jul 22, 2019 | Jun 25, 2019 | $0.285 | normal |
| Apr 5, 2019 | Apr 22, 2019 | Mar 27, 2019 | $0.285 | normal |
| Dec 28, 2018 | Jan 14, 2019 | Nov 27, 2018 | $0.285 | normal |
| Oct 5, 2018 | Oct 23, 2018 | Sep 25, 2018 | $0.26 | normal |
| Jul 6, 2018 | Jul 23, 2018 | Jun 26, 2018 | $0.26 | normal |
| Apr 6, 2018 | Apr 23, 2018 | Mar 28, 2018 | $0.26 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Nov 28, 2017 | $0.26 | normal |
| Oct 6, 2017 | Oct 24, 2017 | Sep 26, 2017 | $0.235 | normal |
| Jul 6, 2017 | Jul 24, 2017 | Jun 27, 2017 | $0.235 | normal |
| Apr 6, 2017 | Apr 24, 2017 | Mar 29, 2017 | $0.235 | normal |
| Dec 28, 2016 | Jan 17, 2017 | Nov 29, 2016 | $0.235 | normal |
| Oct 6, 2016 | Oct 25, 2016 | Sep 27, 2016 | $0.215 | normal |
| Jul 7, 2016 | Jul 25, 2016 | Jun 28, 2016 | $0.215 | normal |
| Apr 7, 2016 | Apr 25, 2016 | Mar 30, 2016 | $0.215 | normal |
| Dec 29, 2015 | Jan 15, 2016 | Nov 24, 2015 | $0.215 | normal |
| Oct 8, 2015 | Oct 27, 2015 | Sep 29, 2015 | $0.2 | normal |
MKC has a payout ratio of 57.1% 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 51.5%, Mccormick's payout ratio is 11% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAG Conagra Brands Inc | 3.37% | $1.29 | 108.1% |
| TSN Tyson Foods Inc | 2.82% | $1.86 | 20.3% |
| PEP Pepsico Inc | 2.44% | $4.53 | 64.5% |
| MKC Mccormick & Co Inc | 1.71% | $1.48 | 57.1% |
Yes, Mccormick has paid four dividends in the last twelve months. MKC has been paying dividends since 1994.
MKC's next dividend is scheduled on Dec 29, 2022 (ex-date).
Mccormick's last dividend ex-date was on Oct 7, 2022. The dividend amount was $0.37 per share.
On an annual basis MKC pays $1.48 per share.
Currently Mccormick's dividend yield is 1.71%.
Mccormick has a quarterly dividend frequency.
Mccormick's dividend payout ratio is 57.1%.
Mccormick's dividend yield is below the Consumer Defensive sector average.