McCormick Dividends and Buybacks
Dividend criteria checks 5/6
McCormick is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.4%
Dividend yield
0.2%
Buyback Yield
Total Shareholder Yield | 2.5% |
Future Dividend Yield | 2.7% |
Dividend Growth | -1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCX's dividends per share have been stable in the past 10 years.
Growing Dividend: MCX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
McCormick Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MCX) | 2.4% |
Market Bottom 25% (BG) | 1.6% |
Market Top 25% (BG) | 5.0% |
Industry Average (Food) | 3.5% |
Analyst forecast (MCX) (up to 3 years) | 2.7% |
Notable Dividend: MCX's dividend (2.35%) is higher than the bottom 25% of dividend payers in the BG market (1.44%).
High Dividend: MCX's dividend (2.35%) is low compared to the top 25% of dividend payers in the BG market (7.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), MCX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.7%), MCX's dividend payments are covered by cash flows.