MKC| McCormick & Company
Dividend Aristocrat (40 yrs)Consumer Staples•Packaged Foods & Meats•USD Currency
McCormick & Company (MKC) pays an annualized forward dividend of $1.92 per share in USD, representing a forward yield of 4.28%.
With a dividend payout ratio of 34.2%, the company has compounded its dividend payout at an annualized rate of +7.6% over the past 5 years.
Dividend Aristocrat Status: Having increased its dividend for 40 consecutive years, MKC is an established Dividend Aristocrat.
Historical Dividend Payouts(MKC)
Recent cash distributions, declared payout dates, and distribution track record.
| Ex-Dividend Date | Type | Cash Amount | Schedule | Change vs Prior |
|---|---|---|---|---|
| 2026-07-06 | Regular Cash | $0.4800 | Quarterly | — |
| 2026-04-20 | Regular Cash | $0.4800 | Quarterly | — |
| 2025-12-29 | Regular Cash | $0.4800 | Quarterly | +6.7% |
| 2025-10-14 | Regular Cash | $0.4500 | Quarterly | — |
| 2025-07-07 | Regular Cash | $0.4500 | Quarterly | — |
| 2025-04-07 | Regular Cash | $0.4500 | Quarterly | — |
| 2024-12-30 | Regular Cash | $0.4500 | Quarterly | +7.1% |
| 2024-10-07 | Regular Cash | $0.4200 | Quarterly | — |
Dividend Reinvestment (DRIP) Calculator
Simulate compound dividend reinvestment returns with MKC.
| Year | Balance | Annual Dividend | Monthly Cash Flow |
|---|---|---|---|
| Year 5 | $34,332 | +$1,535 | +$128/mo |
| Year 10 | $78,060 | +$4,841 | +$403/mo |
| Year 15 | $167,875 | +$13,927 | +$1,161/mo |
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Frequently Asked Questions about McCormick & Company (MKC)
How many consecutive years has McCormick & Company (MKC) increased its dividend?
McCormick & Company (MKC) has increased its annual dividend payout for 40 consecutive years, placing it in the Dividend Aristocrat tier.
What is McCormick & Company's current dividend yield and payout?
As of recent market updates, McCormick & Company offers a forward dividend yield of 4.28% with an estimated annual payout of $1.92 per share in USD.
What is McCormick & Company's dividend payout ratio and is it sustainable?
McCormick & Company has an estimated dividend payout ratio of 34.2%. A payout ratio below 60% indicates a strong safety buffer, leaving ample room for continued reinvestment and future dividend growth.
When is the next or most recent ex-dividend date for MKC?
The recorded ex-dividend date for McCormick & Company (MKC) is 2026-10-13. Investors must purchase or hold shares before this date to receive the upcoming distribution.
Is McCormick & Company (MKC) a Dividend Aristocrat or King?
Yes, McCormick & Company is a Dividend Aristocrat with 40 consecutive years of annual dividend increases.
How does dividend reinvestment (DRIP) work for MKC?
A Dividend Reinvestment Plan (DRIP) allows you to automatically reinvest cash dividends from McCormick & Company into additional shares or fractional shares, compounding your investment value over time.