Back to Dividend Stocks
MKC

McCormick & Company, Incorporated

Dividend AristocratS&P 500
MKC|Consumer Defensive|Packaged Foods|$52.11|P/E 19.7|MCap 15.5B|NYSE

Last update: Mar 25, 2026 at 04:53

About McCormick & Company, Incorporated

McCormick & Company, Incorporated is a global leader in the manufacturing, marketing, and distribution of spices, seasonings, condiments, and other flavorful products. The company serves retail consumers, food manufacturers, and the foodservice industry through its Consumer and Flavor Solutions segments. Its portfolio features well-known brands such as McCormick spices and herbs, Frank’s RedHot sauce, French’s mustard, Old Bay, Zatarain’s, Thai Kitchen, and Cholula, alongside custom seasoning blends and proprietary flavor systems for commercial clients including quick-service restaurants and packaged food producers. McCormick maintains research and development centers in North America, Europe, and Asia to drive product innovation, ensure quality, and uphold food safety standards. With operations spanning more than 150 countries, the company supports localized product development and sustainable supply chains through regional headquarters in Europe, Asia-Pacific, and Latin America. Founded in 1889 and headquartered in Hunt Valley, Maryland, McCormick holds a prominent position in the flavor industry, emphasizing culinary expertise across diverse global markets.

Dividend Overview

Dividend Yield

3.17%

Annual Dividend

$1.83

Frequency

Quarterly

Payout Ratio

61.43%

FCF Payout Ratio

65.24%

Stock Price

$52.11

52-Week Range

$51.80 $83.15

Dividend Health Score

75/ 100Safe

MKC's dividend appears safe and well-supported. Strengths include a 61.4% earnings payout ratio & 49.5% cfo payout ratio. Areas of concern: 0.7x current ratio. As a Dividend Aristocrat with 25+ consecutive years of increases, MKC has a proven commitment to shareholders.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
61.4%Safe
FCF Payout Ratio
65.2%Caution
CFO Payout Ratio
49.5%Safe
Interest Coverage
5.7xSafe

Balance Sheet

Caution
Net Debt / Total Assets
30.8%Caution
Current Ratio
0.7xDanger
Debt-to-Equity
73.2Very Safe

Profitability

Safe
Return on Equity
14.2%Safe
Operating Margin
17.2%Safe
Gross Margin
38.9%Safe
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.6%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

MKC annual dividend per share and yield history

Earnings & Profitability

MKC earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

December 29, 2025

Next Payment Date

January 12, 2026

Dividend Growth

3-Year Dividend CAGR

6.85%

5-Year Dividend CAGR

7.58%

10-Year Dividend CAGR

8.42%

3-Year Total Growth

22.00%

5-Year Total Growth

44.09%

10-Year Total Growth

124.54%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

MKC Dividend Calculator

Total Investment

$5,211.00

Annual Income

$183.00

Quarterly Income

$45.75

Monthly Income

$15.25

Similar Dividend Stocks

StockYield5Y CAGRPrice
MKC
MKC
3.17%7.58%$52.11
BG
BG
2.26%6.81%$124.09
CPB
CPB
7.30%2.19%$20.91
HRL
HRL
5.13%4.52%$22.65
LW
LW
3.74%9.98%$41.49
SJM
SJM
4.17%4.14%$96.86
TSN
TSN
3.27%3.35%$60.89

Frequently Asked Questions

What is MKC's current dividend yield?
McCormick & Company, Incorporated (MKC) currently has a dividend yield of 3.17%, based on a stock price of $52.11 and an annual dividend of $1.83.
When is MKC's next dividend payment date?
MKC's next ex-dividend date is 2025-12-29 and the next payment date is 2026-01-12. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MKC pay in dividends per year?
McCormick & Company, Incorporated paid $1.83 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MKC been increasing its dividend?
Yes, McCormick & Company, Incorporated is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 7.58%, a 3-year CAGR of 6.85% and a 10-year CAGR of 8.42%.
Is MKC's dividend safe?
McCormick & Company, Incorporated has a payout ratio of 61.43%. Its free cash flow payout ratio is 65.24%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is MKC's Dividend Health Score calculated?
The Dividend Health Score evaluates McCormick & Company, Incorporated'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 consumer defensive companies. The overall score ranges from 0 to 100.

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

Track MKC Dividends with OnlyDividends

What will MKC actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

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.