MKC Mccormick dividend history, payout ratio & dates
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%.
Key dates
- MKC last dividend date: Jul 8, 2024
MKC dividend stats
vs. Consumer Defensive sector
Dividend yield
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.
Dividend history
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%.
Recent dividends
| 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% |
Mccormick dividend payout ratio
Payout ratio
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.
Total amount of dividends paid per financial year (from cash flow)
MKC dividend vs peer dividends
| 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% |
Frequently asked questions
Does Mccormick pay a dividend?
Yes, Mccormick has paid three dividends in the last twelve months. MKC has been paying dividends since 1994.
When was MKC's last dividend?
Mccormick's last dividend ex-date was on Jul 8, 2024. The dividend amount was $0.42 per share.
How much dividend does Mccormick pay (per share)?
On an annual basis MKC pays $1.65 per share.
What is Mccormick's dividend yield?
Currently Mccormick's dividend yield is 2.05%.
How often does Mccormick pay dividends?
Mccormick has a quarterly dividend frequency.
What is Mccormick's dividend payout ratio?
Mccormick's dividend payout ratio is 55.7%.
Does Mccormick pay a good dividend?
Mccormick's dividend yield is below the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.