McCormick & Company, Incorporated

McCormick & Company, Incorporated

MKCยทNYSE

$46.29

-0.62%
Consumer DefensivePackaged Foods

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahinรฉ brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

At a Glance

Live Snapshot
Market Cap$12.44B
EPS2.9400
P/E Ratio15.74
Earnings Date06/25/2026
0.07%
Dividend Yield
-89%
3Y-86.0%
5Y-82.0%
10Y-84.0%
1.37%
Dividend Payout Ratio
-97%
3Y-98.0%
5Y-98.0%
10Y-98.0%
3Y-87.0%
5Y-85.0%
10Y-75.0%
McCormick & Company, Incorporated

McCormick & Company, Incorporated Dividend History

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

MKC Dividend Payment History

MKC ยท NYSE

Total Payments

50

Latest Dividend

$0.4800

Annual Amount

$1.8600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 8, 2026
Apr 20, 2026Apr 27, 2026
$0.4800
$0.4800
Quarterly0.00%
Nov 18, 2025
Dec 29, 2025Jan 12, 2026
$0.4800
$0.4800
Quarterly+6.67%
Sep 30, 2025
Oct 14, 2025Oct 27, 2025
$0.4500
$0.4500
Quarterly0.00%
Jun 24, 2025
Jul 7, 2025Jul 21, 2025
$0.4500
$0.4500
Quarterly0.00%
Mar 26, 2025
Apr 7, 2025Apr 21, 2025
$0.4500
$0.4500
Quarterly0.00%
Nov 19, 2024
Dec 30, 2024Jan 13, 2025
$0.4500
$0.4500
Quarterly+7.14%
Sep 24, 2024
Oct 7, 2024Oct 21, 2024
$0.4200
$0.4200
Quarterly0.00%
Jun 25, 2024
Jul 8, 2024Jul 22, 2024
$0.4200
$0.4200
Quarterly0.00%
Mar 27, 2024
Apr 8, 2024Apr 22, 2024
$0.4200
$0.4200
Quarterly0.00%
Nov 28, 2023
Dec 29, 2023Jan 8, 2024
$0.4200
$0.4200
Quarterly+7.69%
Sep 28, 2023
Oct 10, 2023Oct 24, 2023
$0.3900
$0.3900
Quarterly0.00%
Jun 27, 2023
Jul 10, 2023Jul 24, 2023
$0.3900
$0.3900
Quarterly0.00%
Mar 29, 2023
Apr 10, 2023Apr 24, 2023
$0.3900
$0.3900
Quarterly0.00%
Nov 29, 2022
Dec 30, 2022Jan 9, 2023
$0.3900
$0.3900
Quarterly+5.41%
Sep 29, 2022
Oct 11, 2022Oct 25, 2022
$0.3700
$0.3700
Quarterly0.00%
Jun 28, 2022
Jul 11, 2022Jul 25, 2022
$0.3700
$0.3700
Quarterly0.00%
Mar 30, 2022
Apr 11, 2022Apr 25, 2022
$0.3700
$0.3700
Quarterly0.00%
Nov 30, 2021
Dec 31, 2021Jan 10, 2022
$0.3700
$0.3700
Quarterly+8.82%
Sep 28, 2021
Oct 12, 2021Oct 26, 2021
$0.3400
$0.3400
Quarterly0.00%
Jun 29, 2021
Jul 12, 2021Jul 26, 2021
$0.3400
$0.3400
Quarterly0.00%
Mar 31, 2021
Apr 12, 2021Apr 26, 2021
$0.3400
$0.3400
Quarterly0.00%
Nov 20, 2020
Dec 31, 2020Jan 11, 2021
$0.3400
$0.3400
Quarterly+9.68%
Sep 22, 2020
Oct 5, 2020Oct 19, 2020
$0.6200
$0.3100
Quarterly0.00%
Jun 23, 2020
Jul 6, 2020Jul 20, 2020
$0.6200
$0.3100
Quarterly0.00%
Apr 1, 2020
Apr 13, 2020Apr 27, 2020
$0.6200
$0.3100
Quarterly0.00%
Nov 26, 2019
Dec 31, 2019Jan 13, 2020
$0.6200
$0.3100
Quarterly+8.77%
Sep 24, 2019
Oct 7, 2019Oct 21, 2019
$0.5700
$0.2850
Quarterly0.00%
Jun 25, 2019
Jul 8, 2019Jul 22, 2019
$0.5700
$0.2850
Quarterly0.00%
Mar 27, 2019
Apr 8, 2019Apr 22, 2019
$0.5700
$0.2850
Quarterly0.00%
Nov 27, 2018
Dec 31, 2018Jan 14, 2019
$0.5700
$0.2850
Quarterly+9.62%
Sep 25, 2018
Oct 9, 2018Oct 23, 2018
$0.5200
$0.2600
Quarterly0.00%
Jun 26, 2018
Jul 9, 2018Jul 23, 2018
$0.5200
$0.2600
Quarterly0.00%
Mar 28, 2018
Apr 9, 2018Apr 23, 2018
$0.5200
$0.2600
Quarterly0.00%
Nov 28, 2017
Dec 29, 2017Jan 16, 2018
$0.5200
$0.2600
Quarterly+10.64%
Sep 26, 2017
Oct 10, 2017Oct 24, 2017
$0.4700
$0.2350
Quarterly0.00%
Jun 28, 2017
Jul 10, 2017Jul 24, 2017
$0.4700
$0.2350
Quarterly0.00%
Mar 30, 2017
Apr 10, 2017Apr 24, 2017
$0.4700
$0.2350
Quarterly0.00%
Nov 30, 2016
Dec 30, 2016Jan 17, 2017
$0.4700
$0.2350
Quarterly+9.30%
Sep 27, 2016
Oct 11, 2016Oct 25, 2016
$0.4300
$0.2150
Quarterly0.00%
Jun 29, 2016
Jul 11, 2016Jul 25, 2016
$0.4300
$0.2150
Quarterly0.00%
Mar 30, 2016
Apr 11, 2016Apr 25, 2016
$0.4300
$0.2150
Quarterly0.00%
Nov 25, 2015
Dec 31, 2015Jan 15, 2016
$0.4300
$0.2150
Quarterly+7.50%
Sep 29, 2015
Oct 13, 2015Oct 27, 2015
$0.4000
$0.2000
Quarterly0.00%
Jul 1, 2015
Jul 13, 2015Jul 27, 2015
$0.4000
$0.2000
Quarterly0.00%
Mar 25, 2015
Apr 6, 2015Apr 20, 2015
$0.4000
$0.2000
Quarterly0.00%
Nov 26, 2014
Dec 31, 2014Jan 14, 2015
$0.4000
$0.2000
Quarterly+8.11%
Oct 1, 2014
Oct 13, 2014Oct 27, 2014
$0.3700
$0.1850
Quarterly0.00%
Jun 26, 2014
Jul 7, 2014Jul 21, 2014
$0.3700
$0.1850
Quarterly0.00%
Mar 27, 2014
Apr 7, 2014Apr 21, 2014
$0.3700
$0.1850
Quarterly0.00%
Nov 27, 2013
Dec 31, 2013Jan 14, 2014
$0.3700
$0.1850
Quarterly-
mkc

McCormick & Company, Incorporated Payout Ratio Analysis

MKC ยท NYSE
Dividends Paid
-483.00M
2025
Net Income
789.40M
2025
Payout Ratio
61.19%
2025

Dividend Sustainability Analysis

Payout Ratio
61.19%

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

FCF Payout Ratio
65.2%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-7.1%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

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