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MCK

McKesson Corporation

S&P 500
MCK|Healthcare|Medical Distribution|$881.94|P/E 27.2|MCap 116.4B|NYSE

Last update: Mar 25, 2026 at 04:53

About 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

0.34%

Annual Dividend

$3.17

Frequency

Quarterly

Payout Ratio

8.83%

FCF Payout Ratio

3.85%

Stock Price

$881.94

52-Week Range

$637.00 $999.00

Dividend Health Score

58/ 100Caution

MCK's dividend shows some areas that warrant monitoring. Strengths include a 8.8% earnings payout ratio & 3.9% fcf payout ratio. Areas of concern: -12.9% cfo payout ratio & 0.9x current ratio. The dividend has been growing at a 13.01% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
8.8%Very Safe
FCF Payout Ratio
3.9%Very Safe
CFO Payout Ratio
-12.9%Danger
Interest Coverage
17.4xVery Safe

Balance Sheet

Caution
Net Debt / Total Assets
2.3%Very Safe
Current Ratio
0.9xWarning
Debt-to-Equity
-88.2Danger

Profitability

Danger
Return on Equity
-194.5%Danger
Operating Margin
1.5%Danger
Gross Margin
3.5%Danger
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
13.0%Very Safe
Earnings Stability
Mostly StableCaution

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

March 2, 2026

Next Payment Date

April 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%

Income Calculator

MCK Dividend Calculator

Total Investment

$88,194.00

Annual Income

$317.00

Quarterly Income

$79.25

Monthly Income

$26.42

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Frequently Asked Questions

What is MCK's current dividend yield?
McKesson Corporation (MCK) currently has a dividend yield of 0.34%, based on a stock price of $881.94 and an annual dividend of $3.17.
When is MCK's next dividend payment date?
MCK's next ex-dividend date is 2026-03-02 and the next payment date is 2026-04-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MCK pay in dividends per year?
McKesson Corporation paid $3.06 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MCK been increasing its dividend?
McKesson Corporation has grown its dividend at a 5-year CAGR of 13.01% and a 10-year CAGR of 11.40%.
Is MCK's dividend safe?
McKesson Corporation has a payout ratio of 8.83%. Its free cash flow payout ratio is 3.85%. A payout ratio below 60% is generally considered sustainable.
How is MCK's Dividend Health Score calculated?
The Dividend Health Score evaluates McKesson Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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 Health Score, 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.