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Mccormick and Co Inc  (MKC)
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MKC's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Due to increase in earnings per share in the forth quarter 2023, Mccormick And Co Inc's 12 Months dividend pay out ratio sequentially decreased to 61.81% in the fourth quarter 2023, otherwise the ratio remained above the average, as MKC's cash flow remains strong.

Within Consumer Non Cyclical sector 17 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 9 in the third quarter 2023, to 16.


Dividend in Glossary



Cumulative Dividend Pay out Ratio IV. Quarter
(Nov 30 2023)
III. Quarter
(Aug 31 2023)
II. Quarter
(May 31 2023)
I. Quarter
(Feb 28 2023)
IV. Quarter
(Nov 30 2022)
MKC's Pay out Ratio (TTM) 61.81 % 64.21 % 58.71 % 60.76 % 58.75 %
MKC's Dividend Pay out Ratio Total Ranking # 16 # 9 # 413 # 0 # 0

  News about Mccormick and Co Inc Dividends

McCormick Declares $0.42 Quarterly Dividend- A Milestone in the Company's Century-Long Journey



HUNT VALLEY, Md., March 27, 2024 - McCormick and Company, Incorporated (NYSE: MKC), a renowned leader in the Consumer Non-Cyclical sector, recently announced the declaration of a quarterly dividend of $0.42 per share on its common stocks. This momentous event marks the company's 100th year and highlights its commitment to rewarding shareholders. As of the writing of this article, McCormick's dividend pay-out ratio, though slightly decreased due to fourth-quarter 2023 earnings per share, remains above average, reflecting the company's robust cash flow.
Facts from the Press Release:
McCormick's Board of Directors declared a quarterly dividend of $0.42 per share on common stocks.
Shareholders of record on April 8, 2024, will receive the dividend on April 22, 2024.


MKC's Dividend Pay out Ratio Company Ranking
Within: No.
Food Processing Industry # 6
Consumer Non Cyclical Sector # 18
S&P 500 # 16

Dividend Pay out Ratio Statistics
High Average Low
81.4 % 46.35 % 29.56 %
(Aug. 31, 2006)   (Nov 30 2018)



Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for MKC
MKC's Dividend Yield




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