McCormick & Company, Incorporated

BOVESPA:M1KC34 Stock Report

Market Cap: R$126.7b

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 Yield2.3%
Future Dividend Yield2.7%
Dividend Growth0.04%
Next dividend pay date17 Jan 25
Ex dividend date27 Dec 24
Dividend per shareR$9.162
Payout ratio56%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayDec 09 2024Ex Dividend DateDec 27 2024Dividend Pay DateJan 17 202521 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

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
How does M1KC34 dividend yield compare to the market?
SegmentDividend 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.


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