McKesson Corporation
S&P 500Last update: May 9, 2026 at 09:32
Dividend Safety Rating
MCK's dividend appears safe and well-supported. Strengths include a 8.3% earnings payout ratio & 3.9% fcf payout ratio. Areas of concern: 0.9x current ratio & -88.2 debt-to-equity. The dividend has been growing at a 13.01% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 8.3%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 3.9%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 12.9%Operating cash flow strongly supports the payout.
Risks
- Debt-to-Equity: -88.2Debt-to-equity is elevated for the sector.
- Return on Equity: -194.5%Return on equity is below industry norms.
- Operating Margin: 1.6%Operating margin is thin and pressures the dividend.
Payout & Coverage
Very SafeBalance Sheet
CautionProfitability
DangerDividend Track Record
Very SafeAbout McKesson Corporation
McKesson Corporation is a leading diversified healthcare services company specializing in pharmaceutical distribution and supply chain management solutions. It operates primarily through key segments including North American Pharmaceutical, which sources and distributes branded, generic, and specialty drugs to retail pharmacies, hospital networks, and healthcare providers; Oncology & Multispecialty, focusing on provider and specialty distribution growth; Prescription Technology Solutions, offering third-party logistics and technology services for pharmacies; and Medical-Surgical Solutions, supplying medical products and equipment to healthcare facilities. McKesson also engages in pharmaceutical wholesale in Canada and provides technology solutions enhancing access and efficiency in healthcare delivery. As one of three dominant players accounting for over 90% of the U.S. pharmaceutical wholesale market, alongside peers like Cencora and Cardinal Health, it partners with manufacturers, providers, pharmacies, and governments to ensure safe, timely, and cost-effective delivery of medicines and services. Founded in 1833 and headquartered in Irving, Texas, McKesson Corporation plays a critical role in the global healthcare ecosystem.
Dividend Overview
Dividend Yield
0.43%
Annual Dividend
$3.17
Frequency
Quarterly
Payout Ratio
8.26%
FCF Payout Ratio
3.85%
Stock Price
$736.09
52-Week Range
$637.00 – $999.00
Dividend History (2016–2025)
MCK annual dividend per share and yield history
Earnings & Profitability
MCK earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
June 1, 2026
Next Payment Date
July 1, 2026
Dividend Growth
3-Year Dividend CAGR
14.85%
5-Year Dividend CAGR
13.01%
10-Year Dividend CAGR
11.40%
3-Year Total Growth
51.49%
5-Year Total Growth
84.34%
10-Year Total Growth
194.23%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.