McKesson (MCK) Dividend History & Yield

McKesson (MCK) has increased its dividend for 19 consecutive years and currently yields 0.36%. The most recent payment was $0.8200/share on Mar 2, 2026, paid Quarterly.

Current Yield

0.36%

TTM Dividend/Share

$3.17

Payment Frequency

Quarterly

Payout Ratio

10.5%

Consecutive Growth Years

19

Div Growth (1Y CAGR)

15.04%

Div Growth (5Y CAGR)

13.01%

Div Growth (10Y CAGR)

11.40%

Dividend Safety Score

5 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 10.5%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($41.02) covers dividend/share ($3.17).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

19 consecutive years of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 2, 2026

    Payment date
    Apr 1, 2026
    Dividend
    $0.8200
    Adj. dividend
    $0.8200
    Yield (ex-date)
    0.32%
  • Ex-date Dec 1, 2025

    Payment date
    Jan 2, 2026
    Dividend
    $0.8200
    Adj. dividend
    $0.8200
    Yield (ex-date)
    0.36%
  • Ex-date Sep 2, 2025

    Payment date
    Oct 1, 2025
    Dividend
    $0.8200
    Adj. dividend
    $0.8200
    Yield (ex-date)
    0.43%
  • Ex-date Jun 2, 2025

    Payment date
    Jul 1, 2025
    Dividend
    $0.7100
    Adj. dividend
    $0.7100
    Yield (ex-date)
    0.39%
  • Ex-date Mar 3, 2025

    Payment date
    Apr 1, 2025
    Dividend
    $0.7100
    Adj. dividend
    $0.7100
    Yield (ex-date)
    0.43%
  • Ex-date Dec 2, 2024

    Payment date
    Jan 2, 2025
    Dividend
    $0.7100
    Adj. dividend
    $0.7100
    Yield (ex-date)
    0.43%
  • Ex-date Aug 30, 2024

    Payment date
    Oct 1, 2024
    Dividend
    $0.7100
    Adj. dividend
    $0.7100
    Yield (ex-date)
    0.46%
  • Ex-date Jun 3, 2024

    Payment date
    Jul 1, 2024
    Dividend
    $0.6200
    Adj. dividend
    $0.6200
    Yield (ex-date)
    0.43%
  • Ex-date Feb 29, 2024

    Payment date
    Apr 1, 2024
    Dividend
    $0.6200
    Adj. dividend
    $0.6200
    Yield (ex-date)
    0.46%
  • Ex-date Nov 30, 2023

    Payment date
    Jan 2, 2024
    Dividend
    $0.6200
    Adj. dividend
    $0.6200
    Yield (ex-date)
    0.49%
  • Ex-date Aug 31, 2023

    Payment date
    Oct 2, 2023
    Dividend
    $0.6200
    Adj. dividend
    $0.6200
    Yield (ex-date)
    0.54%
  • Ex-date May 31, 2023

    Payment date
    Jul 3, 2023
    Dividend
    $0.5400
    Adj. dividend
    $0.5400
    Yield (ex-date)
    0.55%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield5Y: 0.50%10Y: 0.78%

Dividend Growth

CAGR (per year)1Y: 15.04%5Y: 13.01%10Y: 11.40%↑ Accelerating

Dividend Increase Track Record

McKesson has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 19 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$3.0600
2025$2.6600$3.0600+15.0%
2024$2.3200$2.6600+14.7%
2023$2.0200$2.3200+14.9%
2022$1.7800$2.0200+13.5%
2021$1.6600$1.7800+7.2%
2020$1.6000$1.6600+3.8%
2019$1.4600$1.6000+9.6%
2018$1.2400$1.4600+17.7%
2017$1.1200$1.2400+10.7%
2016$1.0400$1.1200+7.7%
2015$0.9600$1.0400+8.3%
2014$0.9000$0.9600+6.7%
2013$0.8000$0.9000+12.5%
2012$0.7800$0.8000+2.6%
2011$0.6600$0.7800+18.2%
2010$0.4800$0.6600+37.5%
2009$0.4200$0.4800+14.3%
2008$0.2400$0.4200+75.0%
2007$0.2400$0.24000.0%
2006$0.2400$0.24000.0%
2005$0.2400$0.24000.0%
2004$0.2400$0.24000.0%
2003$0.2400$0.24000.0%
2002$0.2400$0.24000.0%
2001$0.2400$0.24000.0%
2000$0.2400$0.24000.0%
1999$0.5000$0.2400-52.0%
1998$0.5000$0.50000.0%
1997$0.5000$0.50000.0%
1996$0.3750$0.5000+33.3%
1995$0.3750

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does McKesson pay dividends?

Yes, McKesson (MCK) pays quarterly dividends of approximately $3.17 per share annually, yielding 0.36%.

What is McKesson's dividend yield?

McKesson (MCK) has a current dividend yield of 0.36%.

Is McKesson's dividend safe?

McKesson (MCK) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has McKesson increased its dividend?

McKesson (MCK) has 19 consecutive years of dividend increases.

What is McKesson's dividend payout ratio?

McKesson (MCK) has a dividend payout ratio of 10.5%.