McCormick & Company Inc (MKC) has declared a quarterly dividend of $0.45 per share, reinforcing its commitment to returning value to shareholders. The dividend is set to be paid on October 26, 2025, to investors on record as of the ex-dividend date of October 13, 2025.
With a current dividend yield of 2.64%, this payment reflects the company's ongoing focus on providing regular income to its investors. McCormick operates in the food products industry, specializing in the manufacturing, marketing, and distribution of spices, seasoning mixes, and condiments. The company, headquartered in Hunt Valley, Maryland, employs approximately 14,100 full-time staff and operates through two segments: consumer and flavor solutions.
The consumer segment caters to retail channels, including grocery stores and e-commerce, under brands such as McCormick, French's, and Frank's RedHot. Meanwhile, the flavor solutions segment supplies products to multinational food manufacturers and foodservice customers.
As of November 20, 2025, McCormick boasts a market capitalization of $17.9 billion and a price-to-earnings ratio of 23.02, with an earnings per share of 2.89. Upcoming earnings reports are scheduled for March 23, 2026, and June 24, 2026, with estimated EPS of $0.65 and $0.76, respectively. This update provides insight into McCormick's ability to generate cash flow and allocate capital effectively, as the company maintains its pattern of regular dividend payments, which can be appealing to income-focused investors.