McCormick & Company Inc (MKC) has declared a quarterly dividend of $0.48 per share, payable to shareholders of record. This marks a 6.7% increase from the previous dividend of $0.45 per share.
The ex-dividend date is set for December 28, 2025, meaning investors must own shares before this date to qualify for the dividend payment. The payment date is scheduled for January 11, 2026.
With a current dividend yield of 2.87%, McCormick's dividend payments provide regular income to shareholders. The increase in the dividend underscores management's confidence in the company's financial health and its commitment to returning capital to investors.
McCormick operates within the food products industry, focusing on the manufacturing, marketing, and distribution of spices and condiments. The company, headquartered in Hunt Valley, Maryland, employs approximately 14,100 full-time staff. It operates through two segments: consumer and flavor solutions. The consumer segment caters to retail channels, while the flavor solutions segment serves multinational food manufacturers and foodservice customers.
Investors may find value in reviewing McCormick's dividend history, payout ratio, and overall financial health to assess the sustainability of these payments. The company's market capitalisation stands at $17.9 billion, with a P/E ratio of 23.02 and an EPS of 2.89. Upcoming earnings are anticipated on March 23, 2026, with an estimated EPS of $0.65 and revenue of $1.7 billion.