Mccormick's last dividend was on Jul 8, 2024 (ex-date) with a distribution of $0.42 per share. At an annualized rate of $1.65 per share, the stock yields 2.05%.
MKC has a dividend yield of 2.05% which is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.43%, Mccormick's dividend yield is 16% lower. The historical 5-year average of MKC's dividend yield is 1.7%, which is below the current yield.
Mccormick has been paying dividends since 1994. MKC has distributed three dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. However with the stock price up by 25% from a year ago, the dividend yield has decreased by 15%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 55.7% 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 48.3%, Mccormick's payout ratio is 15% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAG Conagra Brands Inc | 4.74% | $1.4 | 135.9% |
TSN Tyson Foods Inc | 3.35% | $1.96 | N/A |
PEP Pepsico Inc | 3.12% | $5.24 | 75.6% |
MKC Mccormick & Co Inc | 2.05% | $1.65 | 55.7% |
Yes, Mccormick has paid three dividends in the last twelve months. MKC has been paying dividends since 1994.
Mccormick's last dividend ex-date was on Jul 8, 2024. The dividend amount was $0.42 per share.
On an annual basis MKC pays $1.65 per share.
Currently Mccormick's dividend yield is 2.05%.
Mccormick has a quarterly dividend frequency.
Mccormick's dividend payout ratio is 55.7%.
Mccormick's dividend yield is below the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.