McCormick & Company, Incorporated

MKC-V22 yrs growth

Consumer Defensive · Packaged Foods · Stock · quarterly payer

$48.29

Undervalued · +85% Add to Portfolio

Forward Yield

3.98%

Annual Dividend

$1.92

Payout Ratio

34%

5-Yr Growth

7.6%

Ex-Date

Oct 13, 2026

Frequency

Quarterly

Key facts about MKC-V's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, McCormick & Company, Incorporated (MKC-V) has a forward dividend yield of 3.98%, based on an annual dividend of $1.92 per share and a share price of $48.29.
As of Oct 27, 2026, MKC-V's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, McCormick & Company, Incorporated (MKC-V) has raised its dividend for 22 consecutive years as of Oct 27, 2026.
MKC-V has never cut its regular dividend in the payment history SmarterDividends has on record.
MKC-V's most recent ex-dividend date was Oct 13, 2026, for a dividend of $0.48 per share.
As of Oct 27, 2026, MKC-V pays out 34% of its trailing 12-month earnings as dividends (its payout ratio).
MKC-V's dividend has grown at an average rate of 7.6% a year over the past five years.
As of Oct 27, 2026, MKC-V's 3.98% yield is 97% above its five-year average yield of 2.02%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for MKC-V is $89.34 per share, 85% above the $48.29 share price, so MKC-V screens as undervalued.
McCormick & Company, Incorporated (MKC-V) pays its dividend quarterly, 4 times a year.
McCormick & Company, Incorporated (MKC-V) has raised its regular dividend 22 times and cut it 0 times across the 91 payments on record since 2003. Its most recent change was a 6.7% increase to $0.480 per share, going ex-dividend on Dec 29, 2025.

Cite this page

SmarterDividends, "MKC-V Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/MKC-V

Summary

As of Oct 27, 2026, McCormick & Company, Incorporated (MKC-V) yields 3.98% ($1.92 a year per share), has a dividend safety grade of A (90/100) and has 22 consecutive years of dividend increases on record.

Is MKC-V a good dividend stock?

Yes

McCormick & Company, Incorporated (MKC-V) pays a quarterly dividend yielding 3.98% ($1.92/yr), with 22 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

22 consecutive years of dividend growth
Never cut its dividend on record
Comfortable payout ratio (34%)
Strong 7.6% 5-yr dividend growth
Top-tier dividend safety score

Risks

Share price is down over the past 5 years

Key Data

Dividend Yield: 3.98%
Payout Ratio: 34%
Annual Dividend: $1.92
5-Yr Avg Growth: 7.6%
Ex-Dividend Date: Oct 13, 2026
Years of Growth: 22
Frequency: quarterly
Beta: 0.64
Market Cap: $13.0B
P/E Ratio: 8.7
5-Yr Total Return: -44%
52-Week Range: $44.30 – $72.14
Dividend Safety: A · 90/100
Ever Cut?: No

MKC-V dividend raises and cuts

McCormick & Company, Incorporated (MKC-V) has raised its regular dividend 22 times and cut it 0 times across the 91 payments on record since 2003. Its most recent change was a 6.7% increase to $0.480 per share, going ex-dividend on Dec 29, 2025.

Ex-date	Change	Old → new	Move
Dec 29, 2025	Raise	$0.450 → $0.480	+6.7%
Dec 30, 2024	Raise	$0.420 → $0.450	+7.1%
Dec 28, 2023	Raise	$0.390 → $0.420	+7.7%
Dec 29, 2022	Raise	$0.370 → $0.390	+5.4%
Dec 30, 2021	Raise	$0.340 → $0.370	+8.8%
Dec 30, 2020	Raise	$0.310 → $0.340	+9.7%
Dec 30, 2019	Raise	$0.285 → $0.310	+8.8%
Dec 28, 2018	Raise	$0.260 → $0.285	+9.6%
Dec 28, 2017	Raise	$0.235 → $0.260	+10.6%
Dec 28, 2016	Raise	$0.215 → $0.235	+9.3%
Dec 29, 2015	Raise	$0.200 → $0.215	+7.5%
Dec 29, 2014	Raise	$0.185 → $0.200	+8.1%

Show all 22 changes since 2004

Ex-date	Change	Old → new	Move
Dec 27, 2013	Raise	$0.170 → $0.185	+8.8%
Dec 27, 2012	Raise	$0.155 → $0.170	+9.7%
Dec 28, 2011	Raise	$0.140 → $0.155	+10.7%
Dec 29, 2010	Raise	$0.130 → $0.140	+7.7%
Dec 29, 2009	Raise	$0.120 → $0.130	+8.3%
Dec 29, 2008	Raise	$0.110 → $0.120	+9.1%
Dec 26, 2007	Raise	$0.100 → $0.110	+10.0%
Dec 27, 2006	Raise	$0.0900 → $0.100	+11.1%
Dec 28, 2005	Raise	$0.0800 → $0.0900	+12.5%
Dec 29, 2004	Raise	$0.0700 → $0.0800	+14.3%

Every MKC-V payment →Download every raise and cut (CSV)

MKC-V ex-dividend date & scheduleNext ex-date Oct 13, 2026 · full ex-dividend historyView →MKC-V dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MKC-V a good dividend stock?

Yes. McCormick & Company, Incorporated (MKC-V) pays a quarterly dividend yielding 3.98% ($1.92/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is MKC-V undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MKC-V's fair value is about $89.34 versus a $48.29 share price — so it looks undervalued (+85% vs. fair value).

Is MKC-V's dividend safe?

MKC-V has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 22-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MKC-V's fair value?

Our blended fair-value estimate for MKC-V is about $89.34 per share, roughly 85% above the current $48.29 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MKC-V a buy, hold, or sell?

We don't issue formal ratings, but on the data MKC-V screens as "yes" and undervalued. McCormick & Company, Incorporated (MKC-V) pays a quarterly dividend yielding 3.98% ($1.92/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will MKC-V cut its dividend?

MKC-V earns a dividend-safety grade of A (90/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MKC-V pay a dividend?

Yes. McCormick & Company, Incorporated pays a quarterly dividend of about $1.92 per share annually, a forward yield of roughly 3.98%.

What is MKC-V's dividend yield?

As of Oct 27, 2026, MKC-V's forward dividend yield is 3.98%, based on a $1.92 annual dividend and a $48.29 share price.

What is MKC-V's dividend per share?

As of Oct 27, 2026, MKC-V pays $1.92 per share per year, distributed on a quarterly basis.

What is MKC-V's dividend payout ratio?

As of Oct 27, 2026, MKC-V's payout ratio is 34% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MKC-V grown its dividend?

As of Oct 27, 2026, MKC-V has increased its dividend for 22 consecutive years.

When is the next MKC-V ex-dividend date?

As of Oct 27, 2026, MKC-V's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $0.48 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full MKC-V dividend history →

Ex-Date	Pay Date	Amount	Type
Oct 13, 2026	Oct 26, 2026	$0.4800	regular
Jul 6, 2026	Jul 20, 2026	$0.4800	regular
Apr 20, 2026	Apr 27, 2026	$0.4800	regular
Dec 29, 2025	Jan 12, 2026	$0.4800	regular
Oct 14, 2025	Oct 27, 2025	$0.4500	regular
Jul 7, 2025	Jul 21, 2025	$0.4500	regular
Apr 7, 2025	Apr 21, 2025	$0.4500	regular
Dec 30, 2024	Jan 13, 2025	$0.4500	regular
Oct 7, 2024	Oct 21, 2024	$0.4200	regular
Jul 8, 2024	Jul 22, 2024	$0.4200	regular
Apr 5, 2024	Apr 22, 2024	$0.4200	regular
Dec 28, 2023	Jan 8, 2024	$0.4200	regular
Oct 6, 2023	Oct 24, 2023	$0.3900	regular
Jul 7, 2023	Jul 24, 2023	$0.3900	regular