McCormick Dividends and Buybacks
Dividend criteria checks 5/6
McCormick is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.800 |
| Payout ratio | 57% |
Recent dividend and buyback updates
McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 07
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23Recent updates
Here's Why We Think McCormick (NYSE:MKC) Might Deserve Your Attention Today
Feb 10McCormick: Visible Neat-Term Headwinds Prevent Me From Upgrading To Buy
Jan 25Are Investors Undervaluing McCormick & Company, Incorporated (NYSE:MKC) By 43%?
Jan 06Earnings Not Telling The Story For McCormick & Company, Incorporated (NYSE:MKC)
Dec 22McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet
Dec 07McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 07McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23McCormick: Valuation Already Pricing In Normalized EPS Growth
Oct 03McCormick Q3 Earnings Preview: Why I Reiterate My Sell Rating
Sep 26McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 25% Below Their Intrinsic Value Estimate
Sep 16Is McCormick (NYSE:MKC) Using Too Much Debt?
Aug 30McCormick & Company, Incorporated's (NYSE:MKC) Share Price Could Signal Some Risk
Aug 16Here's What To Make Of McCormick's (NYSE:MKC) Decelerating Rates Of Return
Aug 01McCormick & Company, Incorporated Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
Jun 29McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet
May 21McCormick & Company: Offers Consistency In Volatile Markets But Overvalued
May 03McCormick's (NYSE:MKC) Returns Have Hit A Wall
May 01McCormick & Company: Potential Recovery In Margins
Apr 07McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation
Mar 29Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 28An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued
Mar 14McCormick Q4 Earnings Preview: Favorable Ingredients For A Rebound (Rating Upgrade)
Jan 23McCormick & Company: Transforming Into A Consumer Discretionary Firm Amid Supply Challenges
Jan 16Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value
Dec 07McCormick's Goodwill Has Started To Be Worrying
Nov 20Hold McCormick To Spice Up A Dividend Portfolio, Until Profits Heat Up Again
Nov 07McCormick Q3 Earnings Preview: A Focus On Volume As Pricing Momentum Expected To Fade
Sep 30McCormick: A Dividend Gem Awaiting The Right Price
Aug 23McCormick: Raised FY23 Profit Outlook, But High Valuation
Jul 17McCormick: Valuation Dooms Stock Performance In The Mid Term
May 30Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MKC) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Food) | 3.6% |
| Analyst forecast (MKC) (up to 3 years) | 2.7% |
Notable Dividend: MKC's dividend (2.34%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MKC's dividend (2.34%) is low compared to the top 25% of dividend payers in the US market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), MKC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), MKC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 09:49 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
McCormick & Company, Incorporated is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Andrew Lazar | Barclays |