SmarterDividends
MKC

McCormick & Company, Incorporated

MKC39 yrs growth

Consumer Defensive · Stock · quarterly payer

Forward Yield

4.12%

Annual Dividend

$1.92

Payout Ratio

30%

5-Yr Growth

7.7%

Ex-Date

Apr 20, 2026

Frequency

Quarterly

MKC Dividend Safety Score

84/ 100
Grade A

Very Safe

Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage30% of earnings paid out
Free-cash-flow coverage131% of free cash flow
Balance-sheet strengthDebt/equity of 0.65
Yield vs its historyYield is 2.0× its 5-yr average — elevated

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 MKC a good dividend stock?

Yes

McCormick & Company, Incorporated (MKC) pays a quarterly dividend yielding 4.12% ($1.92/yr), with 39 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 — 39 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (30%)
  • Strong 7.7% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.12%
Payout Ratio
30%
Annual Dividend
$1.92
5-Yr Avg Growth
7.7%
Ex-Dividend Date
Apr 20, 2026
Years of Growth
39
Frequency
quarterly
Beta
0.64
Market Cap
$12.5B
P/E Ratio
7.6
5-Yr Total Return
-47%
52-Week Range
$44.82 – $78.16
Dividend Safety
A · 84/100
Ever Cut?
No
MKC ex-dividend date & scheduleNext ex-date Apr 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.92 / yr per share

Per payment (quarterly)$48.00
Annual$192.00
Monthly avg$16.00