Dividend Details
Recent Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2025-12-29 | $0.4800 | 2026-01-12 |
| 2025-10-14 | $0.4500 | 2025-10-27 |
| 2025-07-07 | $0.4500 | 2025-07-21 |
| 2025-04-07 | $0.4500 | 2025-04-21 |
| 2024-12-30 | $0.4500 | 2025-01-13 |
| 2024-10-07 | $0.4200 | 2024-10-21 |
| 2024-07-08 | $0.4200 | 2024-07-22 |
| 2024-04-05 | $0.4200 | 2024-04-22 |
Calculate MKC Dividend Income
Quick Facts
- Yield: 3.33%
- Frequency: Quarterly
- Sector: Consumer Staples
- Streak: 38 years
- Payout: 61%
About McCormick
McCormick is a Dividend Aristocrat with 38 consecutive years of dividend increases.
38 consecutive years of dividend increases, — the company has raised its payout through recessions, rate hikes, and market downturns alike.
MKC Dividend FAQ
What is MKC's current dividend yield and payout?
MKC currently yields 3.33% annually, paying $1.83 per share per year based on a share price of $57.08. This translates to $0.4575 per share per quarter. The payout ratio is 61%, which is moderate and leaves room for future dividend increases.
How often does MKC pay dividends?
MKC distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.4575 per share.
When is MKC's next ex-dividend date?
The next ex-dividend date for MKC is 2025-12-29. To receive the upcoming dividend, you must purchase shares before the ex-dividend date. If you buy on or after the ex-date, the seller receives that payment instead. The payment will be deposited into your brokerage account on 2026-01-12.
How much does $10,000 invested in MKC pay in dividends?
A $10,000 investment in MKC at $57.08 per share buys approximately 175 shares. At the current 3.33% yield, this generates approximately $333 per year, or $28 per month in dividend income before taxes.
How long has MKC been increasing dividends?
MKC has increased its dividend for 38 consecutive years, earning Dividend Aristocrat status. Only ~67 S&P 500 companies have achieved this 25+ year milestone, reflecting strong financial discipline across economic cycles.
Is MKC's dividend sustainable?
At a 61% payout ratio, MKC distributes most of its earnings as dividends while retaining some capacity for growth. Monitor quarterly earnings to ensure continued coverage.
MKC Dividend Investing Guide
McCormick (MKC) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a consumer staples sector stock, MKC offers exposure to essential consumer goods that remain in demand regardless of economic conditions.
As a Dividend Aristocrat with 38 consecutive years of dividend increases, MKC has raised its dividend through multiple recessions, rate cycles, and market crashes over those 38 years. That kind of track record comes from management teams that prioritize the payout and have the earnings power to back it up.
To maximize returns from MKC dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your MKC investment.