SmarterDividends
MCK

McKesson Corporation

MCK26 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

0.43%

Annual Dividend

$3.28

Payout Ratio

8%

5-Yr Growth

13.0%

Ex-Date

Jun 1, 2026

Frequency

Quarterly

MCK Dividend Safety Score

96/ 100
Grade A

Very Safe

Dividend-growth streak26 consecutive years of growth
Cut historyCut its dividend in 1999
Earnings payout coverage8% of earnings paid out
Free-cash-flow coverage7% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MCK a good dividend stock?

Yes

McKesson Corporation (MCK) pays a quarterly dividend yielding 0.43% ($3.28/yr), with 26 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 26 consecutive years of growth
  • Comfortable payout ratio (8%)
  • Strong 13.0% 5-yr dividend growth
  • 304% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 1999

Key Data

Dividend Yield
0.43%
Payout Ratio
8%
Annual Dividend
$3.28
5-Yr Avg Growth
13.0%
Ex-Dividend Date
Jun 1, 2026
Years of Growth
26
Frequency
quarterly
Beta
0.32
Market Cap
$91.0B
P/E Ratio
19.7
5-Yr Total Return
304%
52-Week Range
$637.00 – $999.00
Dividend Safety
A · 96/100
Ever Cut?
Yes (1999)
MCK ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.28 / yr per share

Per payment (quarterly)$82.00
Annual$328.00
Monthly avg$27.33