McCormick & Company, Incorporated (MKC-V) Dividend History
Income profile from 2003 to 2026 with payout safety and yield-on-cost trend
MKC-V Dividend Income Check
Safety
61.2% payout ratio with watch safety profile.
Consistency
22 straight years of dividend increases.
Income Trend
Yield on cost is 2.0% and trend is rising.
MKC-V Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MKC-V Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
MKC-V Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
McCormick & Company, Incorporated distributes 61.2% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 55.0%, rated "Adequate".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MKC-V has raised its dividend for 22 consecutive years, with a 3-year CAGR of 6.9% and 5-year CAGR of 7.6%.
Total Shareholder Returns
Beyond cash dividends, MKC-V returns capital through share repurchases. The combined picture: 3.7% dividend yield, 0.3% buyback yield, 4.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.0% and is currently rising. The 5-year total return is -37.3%, with dividends contributing 9.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,703 today.
MKC-V Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 20, 2026Latest | $0.4800 | — | 3.53% | Apr 27, 2026 |
| Dec 29, 2025 | $0.4800 | ↑ +6.7% | 2.66% | Jan 12, 2026 |
| Oct 14, 2025 | $0.4500 | — | 2.76% | Oct 27, 2025 |
| Jul 7, 2025 | $0.4500 | — | 2.42% | Jul 21, 2025 |
| Apr 7, 2025 | $0.4500 | — | 2.35% | Apr 21, 2025 |
| Dec 30, 2024 | $0.4500 | ↑ +7.1% | 2.26% | Jan 13, 2025 |
| Oct 7, 2024 | $0.4200 | — | 2.12% | Oct 21, 2024 |
| Jul 8, 2024 | $0.4200 | — | 2.38% | Jul 22, 2024 |
MKC-V Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $12.1B | 3.7% | 61.2% | 22 | Watch | |
| $10.6B | 4.3% | — | 15 | Unknown | |
| $22.2B | 1.3% | 39.0% | 23 | Sustainable | |
| $11.4B | 5.5% | 1.3% | 34 | Sustainable | |
2nd | $6.3B | 7.2% | 76.2% | 1 | Watch |
1st | $6.9B | 9.8% | 58.1% | 6 | Sustainable |
3rd | $28.1B | 6.8% | — | 1 | Unknown |
| $19.1B | 6.7% | 58.3% | 5 | Sustainable |
MKC-V Annual Dividend History (1989–2026)
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 1 | — | — | — | 0.5% |
| 2025 | $1.83 | 7.0% | 4 | $2.93 | 62.5% | 1.60x | 2.0% |
| 2024 | $1.71 | 7.5% | 4 | $2.92 | 58.6% | 1.71x | 1.8% |
| 2023 | $1.59 | 6.0% | 4 | $2.52 | 63.1% | 1.58x | 1.7% |
| 2022 | $1.50 | 7.9% | 4 | $2.52 | 59.5% | 1.68x | 1.6% |
| 2021 | $1.39 | 9.4% | 4 | $2.80 | 49.6% | 2.01x | 1.5% |
| 2020 | $1.27 | 9.0% | 4 | $2.78 | 45.7% | 2.19x | 1.4% |
| 2019 | $1.17 | 9.4% | 4 | $2.62 | 44.5% | 2.25x | 1.2% |
| 2018 | $1.06 | 10.4% | 4 | $3.50 | 30.4% | 3.29x | 1.1% |
| 2017 | $0.96 | 9.7% | 4 | $1.86 | 51.9% | 1.93x | 1.0% |
Full MKC-V Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See MKC-V's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonMKC-V — Frequently Asked Questions
Quick answers to the most common questions about buying MKC-V stock.
How much dividend does MKC-V pay per share?
McCormick & Company, Incorporated (MKC-V) pays a trailing 12-month dividend of $1.79 per share, with a current dividend yield of +3.7%. Payments are made Annual.
When is MKC-V's next ex-dividend date?
MKC-V's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MKC-V typically pays dividends Annual.
Is MKC-V's dividend safe?
MKC-V's dividend safety is rated "Watch" based on an earnings payout ratio of +61.2% and FCF payout ratio of +55.0%. With 22 consecutive years of dividend growth, the track record supports sustainability.
Is MKC-V a Dividend Achiever?
Yes, McCormick & Company, Incorporated is classified as a Dividend Achiever with 22 consecutive years of dividend increases. The 5-year dividend CAGR is +7.6%, demonstrating above-inflation dividend growth.
How often does MKC-V pay dividends?
McCormick & Company, Incorporated pays dividends Annual. The trailing 12-month total is $1.79 per share. Dividend data on this page covers 23+ years from 2003 to 2026.
How much would $10,000 invested in MKC-V grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MKC-V five years ago would be worth approximately $6,274 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MKC-V's yield on cost for long-term holders?
MKC-V's yield on cost — the current dividend divided by the original purchase price — is +2.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.7% market yield, thanks to consistent dividend growth.