McCormick Dividends and Buybacks
Dividend criteria checks 4/6
McCormick is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 17th January, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 0.04% |
| Next dividend pay date | 17 Jan 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | R$9.162 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: M1KC34's dividends per share have been stable in the past 10 years.
Growing Dividend: M1KC34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| McCormick Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (M1KC34) | 2.2% |
| Market Bottom 25% (BR) | 3.2% |
| Market Top 25% (BR) | 10.4% |
| Industry Average (Food) | 4.7% |
| Analyst forecast (M1KC34) (up to 3 years) | 2.7% |
Notable Dividend: M1KC34's dividend (2.17%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (3.23%).
High Dividend: M1KC34's dividend (2.17%) is low compared to the top 25% of dividend payers in the BR market (10.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), M1KC34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.2%), M1KC34's dividend payments are covered by cash flows.