McCormick Dividends and Buybacks
Dividend criteria checks 4/6
McCormick is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MKCV *'s dividends per share have been stable in the past 10 years.
Growing Dividend: MKCV *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| McCormick Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MKCV *) | 1.7% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.0% |
| Industry Average (Food) | 4.0% |
| Analyst forecast (MKCV *) (up to 3 years) | 1.9% |
Notable Dividend: MKCV *'s dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: MKCV *'s dividend (1.73%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.4%), MKCV *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.9%), MKCV *'s dividend payments are covered by cash flows.