McCormick & Company, Incorporated

NYSE:MKC Stock Report

Market Cap: US$20.2b

McCormick Dividend

Dividend criteria checks 5/6

McCormick is a dividend paying company with a current yield of 2.21% that is well covered by earnings.

Key information

2.2%

Dividend yield

60%

Payout ratio

Industry average yield3.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$2.66
Dividend yield forecast in 3Y2.5%

Recent dividend updates

McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Dec 13
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 28
Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued

Mar 14
An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued

McCormick & Company, Incorporated (NYSE:MKC) Annual Results: Here's What Analysts Are Forecasting For This Year

Jan 27
McCormick & Company, Incorporated (NYSE:MKC) Annual Results: Here's What Analysts Are Forecasting For This Year

McCormick Q4 Earnings Preview: Favorable Ingredients For A Rebound (Rating Upgrade)

Jan 23

McCormick & Company: Transforming Into A Consumer Discretionary Firm Amid Supply Challenges

Jan 16

Subdued Growth No Barrier To McCormick & Company, Incorporated's (NYSE:MKC) Price

Jan 15
Subdued Growth No Barrier To McCormick & Company, Incorporated's (NYSE:MKC) Price

Here's Why McCormick (NYSE:MKC) Can Manage Its Debt Responsibly

Dec 31
Here's Why McCormick (NYSE:MKC) Can Manage Its Debt Responsibly

McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Dec 13
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value

Dec 07

Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 42% Undervaluation?

Dec 04
Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 42% Undervaluation?

McCormick's Goodwill Has Started To Be Worrying

Nov 20

McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

Nov 19
McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

Hold McCormick To Spice Up A Dividend Portfolio, Until Profits Heat Up Again

Nov 07

McCormick Q3 Earnings Preview: A Focus On Volume As Pricing Momentum Expected To Fade

Sep 30

Does McCormick (NYSE:MKC) Have A Healthy Balance Sheet?

Sep 15
Does McCormick (NYSE:MKC) Have A Healthy Balance Sheet?

McCormick: A Dividend Gem Awaiting The Right Price

Aug 23

Calculating The Fair Value Of McCormick & Company, Incorporated (NYSE:MKC)

Aug 21
Calculating The Fair Value Of McCormick & Company, Incorporated (NYSE:MKC)

The Returns At McCormick (NYSE:MKC) Aren't Growing

Aug 06
The Returns At McCormick (NYSE:MKC) Aren't Growing

McCormick: Raised FY23 Profit Outlook, But High Valuation

Jul 17

Is McCormick (NYSE:MKC) A Risky Investment?

Jun 17
Is McCormick (NYSE:MKC) A Risky Investment?

McCormick: Valuation Dooms Stock Performance In The Mid Term

May 30

McCormick & Company, Incorporated's (NYSE:MKC) Intrinsic Value Is Potentially 20% Below Its Share Price

May 18
McCormick & Company, Incorporated's (NYSE:MKC) Intrinsic Value Is Potentially 20% Below Its Share Price

McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

May 03
McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.39

Apr 05
McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.39

Most Shareholders Will Probably Agree With McCormick & Company, Incorporated's (NYSE:MKC) CEO Compensation

Mar 23
Most Shareholders Will Probably Agree With McCormick & Company, Incorporated's (NYSE:MKC) CEO Compensation

We Think McCormick (NYSE:MKC) Is Taking Some Risk With Its Debt

Feb 24
We Think McCormick (NYSE:MKC) Is Taking Some Risk With Its Debt

McCormick Non-GAAP EPS of $0.73 misses by $0.14, revenue of $1.69B misses by $80M

Jan 26

McCormick: Too Spicy For Any Portfolio

Jan 05

Estimating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Jan 02
Estimating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Returns Are Gaining Momentum At McCormick (NYSE:MKC)

Dec 20
Returns Are Gaining Momentum At McCormick (NYSE:MKC)

McCormick: The Good, The Bad, And The (Somewhat) Ugly

Dec 16

Is McCormick (NYSE:MKC) Using Too Much Debt?

Oct 26
Is McCormick (NYSE:MKC) Using Too Much Debt?

McCormick & Company: Key Takeaways From The Latest Earnings

Oct 13

McCormick Non-GAAP EPS of $0.69 misses by $0.03, revenue of $1.6B beats by $10M

Oct 06

McCormick declares $0.37 dividend

Sep 29

Calculating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Sep 12
Calculating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

McCormick: Too Spicy For Me

Sep 11

These 4 Measures Indicate That McCormick (NYSE:MKC) Is Using Debt Extensively

Jul 18
These 4 Measures Indicate That McCormick (NYSE:MKC) Is Using Debt Extensively

McCormick Stock: Not The Most Flavorful Prospect Out There

Jul 08

McCormick misses Q2 expectation, cuts FY2022 outlook

Jun 29

Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 38% Undervaluation?

Jun 13
Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 38% Undervaluation?

Why McCormick Is Substantially Overvalued

May 16

McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 28% Above Their Intrinsic Value Estimate

Mar 07
McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 28% Above Their Intrinsic Value Estimate

McCormick: More Than Just A Spice Company

Mar 03

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
How does MKC dividend yield compare to the market?
SegmentDividend Yield
Company (MKC)2.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Food)3.1%
Analyst forecast in 3 Years (MKC)2.5%

Notable Dividend: MKC's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: MKC's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.64%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.3%), MKC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.3%), MKC's dividend payments are well covered by cash flows.


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