McCormick Dividend
Dividend criteria checks 5/6
McCormick is a dividend paying company with a current yield of 2.5% that is well covered by earnings.
Key information
2.5%
Dividend yield
64%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$2.41 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MKC *'s dividends per share have been stable in the past 10 years.
Growing Dividend: MKC *'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 (MKC *) | 2.5% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.7% |
Industry Average (Food) | 5.0% |
Analyst forecast in 3 Years (MKC *) | 2.9% |
Notable Dividend: MKC *'s dividend (2.5%) is higher than the bottom 25% of dividend payers in the MX market (2.24%).
High Dividend: MKC *'s dividend (2.5%) is low compared to the top 25% of dividend payers in the MX market (6.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), MKC *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), MKC *'s dividend payments are covered by cash flows.