McKesson Corporation

McKesson Corporation

MCKยทNYSE

$739.53

+0.37%
HealthcareMedical - Distribution

McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment serves biopharma and life sciences partners and patients to address medication challenges for patients throughout their journeys; connects pharmacies, providers, payers, and biopharma companies to deliver innovative access and adherence solutions; and provides third-party logistics and wholesale distribution support solutions. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.

At a Glance

Live Snapshot
Market Cap$88.89B
EPS38.5500
P/E Ratio19.18
Earnings Date08/05/2026
0.09%
Dividend Yield
-5%
3Y-39.0%
5Y-56.0%
10Y-40.0%
5.95%
Dividend Payout Ratio
-30%
3Y-38.0%
5Y-41.0%
10Y-51.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
McKesson Corporation

McKesson Corporation Dividend History

MCK ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MCK Dividend Payment History

MCK ยท NYSE

Total Payments

50

Latest Dividend

$0.8200

Annual Amount

$3.9900

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 21, 2026
Jun 1, 2026Jul 1, 2026
$0.8200
$0.8200
Quarterly0.00%
Jan 28, 2026
Mar 2, 2026Apr 1, 2026
$0.8200
$0.8200
Quarterly0.00%
Oct 30, 2025
Dec 1, 2025Jan 2, 2026
$0.8200
$0.8200
Quarterly0.00%
Jul 30, 2025
Sep 2, 2025Oct 1, 2025
$0.8200
$0.8200
Quarterly+15.49%
May 1, 2025
Jun 2, 2025Jul 1, 2025
$0.7100
$0.7100
Quarterly0.00%
Jan 30, 2025
Mar 3, 2025Apr 1, 2025
$0.7100
$0.7100
Quarterly0.00%
Oct 31, 2024
Dec 2, 2024Jan 2, 2025
$0.7100
$0.7100
Quarterly0.00%
Aug 1, 2024
Sep 2, 2024Oct 1, 2024
$0.7100
$0.7100
Quarterly+14.52%
Apr 24, 2024
Jun 3, 2024Jul 1, 2024
$0.6200
$0.6200
Quarterly0.00%
Feb 1, 2024
Mar 1, 2024Apr 1, 2024
$0.6200
$0.6200
Quarterly0.00%
Oct 26, 2023
Dec 1, 2023Jan 2, 2024
$0.6200
$0.6200
Quarterly0.00%
Jul 24, 2023
Sep 1, 2023Oct 2, 2023
$0.6200
$0.6200
Quarterly+14.81%
Apr 27, 2023
Jun 1, 2023Jul 3, 2023
$0.5400
$0.5400
Quarterly0.00%
Jan 26, 2023
Mar 1, 2023Apr 3, 2023
$0.5400
$0.5400
Quarterly0.00%
Oct 26, 2022
Dec 1, 2022Jan 3, 2023
$0.5400
$0.5400
Quarterly0.00%
Jul 22, 2022
Sep 1, 2022Oct 3, 2022
$0.5400
$0.5400
Quarterly+14.89%
Apr 27, 2022
Jun 1, 2022Jul 1, 2022
$0.4700
$0.4700
Quarterly0.00%
Jan 27, 2022
Mar 1, 2022Apr 1, 2022
$0.4700
$0.4700
Quarterly0.00%
Oct 28, 2021
Dec 1, 2021Jan 3, 2022
$0.4700
$0.4700
Quarterly0.00%
Jul 26, 2021
Sep 1, 2021Oct 1, 2021
$0.4700
$0.4700
Quarterly+11.90%
Apr 29, 2021
Jun 1, 2021Jul 1, 2021
$0.4200
$0.4200
Quarterly0.00%
Jan 28, 2021
Mar 2, 2021Apr 1, 2021
$0.4200
$0.4200
Quarterly0.00%
Oct 29, 2020
Dec 1, 2020Jan 4, 2021
$0.4200
$0.4200
Quarterly0.00%
Jul 29, 2020
Sep 1, 2020Oct 1, 2020
$0.4200
$0.4200
Quarterly+2.44%
Apr 29, 2020
Jun 1, 2020Jul 1, 2020
$0.4100
$0.4100
Quarterly0.00%
Jan 29, 2020
Mar 2, 2020Apr 1, 2020
$0.4100
$0.4100
Quarterly0.00%
Oct 23, 2019
Dec 2, 2019Jan 2, 2020
$0.4100
$0.4100
Quarterly0.00%
Jul 31, 2019
Sep 3, 2019Oct 1, 2019
$0.4100
$0.4100
Quarterly+5.13%
Apr 24, 2019
Jun 3, 2019Jul 1, 2019
$0.3900
$0.3900
Quarterly0.00%
Jan 31, 2019
Mar 1, 2019Apr 1, 2019
$0.3900
$0.3900
Quarterly0.00%
Oct 24, 2018
Dec 3, 2018Jan 2, 2019
$0.3900
$0.3900
Quarterly0.00%
Jul 25, 2018
Sep 4, 2018Oct 1, 2018
$0.3900
$0.3900
Quarterly+14.71%
Apr 25, 2018
Jun 1, 2018Jul 2, 2018
$0.3400
$0.3400
Quarterly0.00%
Feb 1, 2018
Mar 1, 2018Apr 2, 2018
$0.3400
$0.3400
Quarterly0.00%
Oct 25, 2017
Dec 1, 2017Jan 2, 2018
$0.3400
$0.3400
Quarterly0.00%
Jul 28, 2017
Sep 1, 2017Oct 2, 2017
$0.3400
$0.3400
Quarterly+21.43%
May 25, 2017
Jun 5, 2017Jul 3, 2017
$0.2800
$0.2800
Quarterly0.00%
Jan 25, 2017
Mar 1, 2017Apr 3, 2017
$0.2800
$0.2800
Quarterly0.00%
Oct 28, 2016
Dec 1, 2016Jan 2, 2017
$0.2800
$0.2800
Quarterly0.00%
Jul 27, 2016
Sep 1, 2016Oct 3, 2016
$0.2800
$0.2800
Quarterly0.00%
May 25, 2016
Jun 6, 2016Jul 1, 2016
$0.2800
$0.2800
Quarterly0.00%
Jan 28, 2016
Mar 1, 2016Apr 1, 2016
$0.2800
$0.2800
Quarterly0.00%
Oct 30, 2015
Dec 1, 2015Jan 4, 2016
$0.2800
$0.2800
Quarterly0.00%
Jul 30, 2015
Sep 1, 2015Oct 1, 2015
$0.2800
$0.2800
Quarterly+16.67%
May 28, 2015
Jun 8, 2015Jul 1, 2015
$0.2400
$0.2400
Quarterly0.00%
Jan 29, 2015
Mar 2, 2015Apr 1, 2015
$0.2400
$0.2400
Quarterly0.00%
Oct 22, 2014
Dec 1, 2014Jan 2, 2015
$0.2400
$0.2400
Quarterly0.00%
Jul 31, 2014
Sep 2, 2014Oct 1, 2014
$0.2400
$0.2400
Quarterly0.00%
May 28, 2014
Jun 9, 2014Jul 1, 2014
$0.2400
$0.2400
Quarterly0.00%
Jan 29, 2014
Mar 3, 2014Apr 1, 2014
$0.2400
$0.2400
Quarterly-
mck

McKesson Corporation Payout Ratio Analysis

MCK ยท NYSE
Dividends Paid
-381.00M
2026
Net Income
4.76B
2026
Payout Ratio
8.00%
2026

Dividend Sustainability Analysis

Payout Ratio
8.00%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
6.2%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-10.4%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.