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 |
|---|
| 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.