McKesson (MCK) Dividend History & Yield
Dividend ContenderMcKesson (MCK) has increased its dividend for 19 consecutive years and currently yields 0.42%. The most recent dividend was $0.8200/share on Apr 1, 2026, paid Quarterly.
MCK
Current Yield
0.42%
TTM Dividend/Share
$3.17
Payment Frequency
Quarterly
Payout Ratio
8.2%
Consecutive Growth Years
19 (Dividend Contender)
Div Growth (1Y CAGR)
15.04%
Div Growth (5Y CAGR)
13.01%
Div Growth (10Y CAGR)
11.40%
MCK: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
13.4%
FCF payout ratio
1.7%
Net debt / EBITDA
0.6x
Interest coverage
50.97x
ROIC (TTM)
65.3%
Dividend Safety Score
8 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 8.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($46.27) 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.
FCF payout ratio below 70%
FCF payout ratio is 1.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (13.0%) ≤ EPS growth (36.8%) — sustainable.
Per-payment dividend history
Ex-date Jun 1, 2026
- Payment date
- Jul 1, 2026
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Mar 2, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Dec 1, 2025
- Payment date
- Jan 2, 2026
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Sep 2, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.8200
- Adj. dividend
- $0.8200
Ex-date Jun 2, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Mar 3, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Dec 2, 2024
- Payment date
- Jan 2, 2025
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Aug 30, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
Ex-date Jun 3, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.6200
- Adj. dividend
- $0.6200
Ex-date Feb 29, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.6200
- Adj. dividend
- $0.6200
Ex-date Nov 30, 2023
- Payment date
- Jan 2, 2024
- Dividend
- $0.6200
- Adj. dividend
- $0.6200
Ex-date Aug 31, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $0.6200
- Adj. dividend
- $0.6200
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 1, 2026 | Jul 1, 2026 | $0.8200 | $0.8200 |
| Mar 2, 2026 | Apr 1, 2026 | $0.8200 | $0.8200 |
| Dec 1, 2025 | Jan 2, 2026 | $0.8200 | $0.8200 |
| Sep 2, 2025 | Oct 1, 2025 | $0.8200 | $0.8200 |
| Jun 2, 2025 | Jul 1, 2025 | $0.7100 | $0.7100 |
| Mar 3, 2025 | Apr 1, 2025 | $0.7100 | $0.7100 |
| Dec 2, 2024 | Jan 2, 2025 | $0.7100 | $0.7100 |
| Aug 30, 2024 | Oct 1, 2024 | $0.7100 | $0.7100 |
| Jun 3, 2024 | Jul 1, 2024 | $0.6200 | $0.6200 |
| Feb 29, 2024 | Apr 1, 2024 | $0.6200 | $0.6200 |
| Nov 30, 2023 | Jan 2, 2024 | $0.6200 | $0.6200 |
| Aug 31, 2023 | Oct 2, 2023 | $0.6200 | $0.6200 |
Historical Dividend Yield
Dividend Growth
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.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 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 | $0.2400 | 0.0% |
| 2006 | $0.2400 | $0.2400 | 0.0% |
| 2005 | $0.2400 | $0.2400 | 0.0% |
| 2004 | $0.2400 | $0.2400 | 0.0% |
| 2003 | $0.2400 | $0.2400 | 0.0% |
| 2002 | $0.2400 | $0.2400 | 0.0% |
| 2001 | $0.2400 | $0.2400 | 0.0% |
| 2000 | $0.2400 | $0.2400 | 0.0% |
| 1999 | $0.5000 | $0.2400 | -52.0% |
| 1998 | $0.5000 | $0.5000 | 0.0% |
| 1997 | $0.5000 | $0.5000 | 0.0% |
| 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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for McKesson (MCK) from the consolidated cash flow statement, in USD as filed.
Latest period
$381.00M
YoY change
+10.4%
5Y CAGR
+6.7%
Peak year (2026)
$381.00M
Latest annual
$381.00M
Cash dividends paid over time for McKesson (MCK)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for McKesson (MCK)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2026 | $381.00M | +10.4% | +$36.00M | ||
| 2025 | $345.00M | +9.9% | +$31.00M | ||
| 2024 | $314.00M | +7.5% | +$22.00M | ||
| 2023 | $292.00M | +5.4% | +$15.00M | ||
| 2022 | $277.00M | +0.4% | +$1.00M | ||
| 2021 | $276.00M | -6.1% | -$18.00M | ||
| 2020 | $294.00M | +0.7% | +$2.00M | ||
| 2019 | $292.00M | +11.5% | +$30.00M | ||
| 2018 | $262.00M | +3.6% | +$9.00M | ||
| 2017 | $253.00M | +3.7% | +$9.00M | ||
| 2016 | $244.00M | +7.5% | +$17.00M | ||
| 2015 | $227.00M | +6.1% | +$13.00M | ||
| 2014 | $214.00M | +10.3% | +$20.00M | ||
| 2013 | $194.00M | -0.5% | -$1.00M | ||
| 2012 | $195.00M | +14.0% | +$24.00M | ||
| 2011 | $171.00M | +30.5% | +$40.00M | ||
| 2010 | $131.00M | +12.9% | +$15.00M | ||
| 2009 | $116.00M | +65.7% | +$46.00M | ||
| 2008 | $70.00M | -2.8% | -$2.00M | ||
| 2007 | $72.00M | -1.4% | -$1.00M | ||
| 2006 | $73.00M | +4.3% | +$3.00M | ||
| 2005 | $70.00M | +0.3% | +$200,000 | ||
| 2004 | $69.80M | -12.4% | -$9.90M | ||
| 2003 | $79.70M | +1.5% | +$1.20M | ||
| 2002 | $78.50M | +0.3% | +$200,000 | ||
| 2001 | $78.30M | +1.0% | +$800,000 | ||
| 2000 | $77.50M | -18.2% | -$17.30M | ||
| 1999 | $94.80M | +104.8% | +$48.50M | ||
| 1998 | $46.30M | -10.8% | -$5.60M | ||
| 1997 | $51.90M | +17.4% | +$7.70M | ||
| 1996 | $44.20M | -36.8% | -$25.70M | ||
| 1995 | $69.90M | — | — |
In 2026, McKesson (MCK) dividends paid totalled $381.00M – grew 10.4% year-over-year.
Over 2021–2026 (5 years), McKesson dividends paid expanded at a +6.7% compound annual rate, sustaining 5 straight years of year-over-year growth.
Across the available history, dividends paid reached its high of $381.00M in 2026 and its low of $44.20M in 1996.
McKesson (MCK) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $8.05B.
McKesson Dividends Paid 2026: $381.00M
McKesson dividends paid in 2026 was $381.00M, grew 10.4% from 2025. This figure represents the highest annual value in the available history.
McKesson Dividends Paid 2025: $345.00M
McKesson dividends paid in 2025 was $345.00M, grew 9.9% from 2024.
McKesson Dividends Paid 2024: $314.00M
McKesson dividends paid in 2024 was $314.00M, grew 7.5% from 2023.
McKesson Dividends Paid 2023: $292.00M
McKesson dividends paid in 2023 was $292.00M, grew 5.4% from 2022.
McKesson Dividends Paid 2022: $277.00M
McKesson dividends paid in 2022 was $277.00M.
See more financial history for McKesson (MCK).
Sector peers by dividends paid
Companies in the same sector as McKesson, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Novo Nordisk (NVO) | $51.76B | Healthcare |
| Johnson & Johnson (JNJ) | $12.38B | Healthcare |
| AbbVie (ABBV) | $11.66B | Healthcare |
| Merck & Co. (MRK) | $8.18B | Healthcare |
| UnitedHealth Group (UNH) | $7.92B | Healthcare |
| Eli Lilly (LLY) | $5.38B | Healthcare |
| Amgen (AMGN) | $5.12B | Healthcare |
| AstraZeneca (AZN) | $5.08B | Healthcare |
Frequently asked questions
Does McKesson pay dividends?
Yes, McKesson (MCK) pays quarterly dividends of approximately $3.17 per share annually, yielding 0.42%.
What is McKesson's dividend yield?
McKesson (MCK) has a current dividend yield of 0.42%.
Is McKesson's dividend safe?
McKesson (MCK) passes 8 out of 8 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 8.2%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is McKesson's dividends paid?
Latest reported dividends paid for McKesson (MCK) is $381.00M (period ending March 31, 2026).
How has McKesson dividends paid changed year-over-year?
McKesson (MCK) dividends paid changed +10.4% year-over-year on the latest annual filing.
What is the long-term growth rate of McKesson dividends paid?
McKesson (MCK) dividends paid compound annual growth rate is +6.7% over the most recent 5 years available.
When did McKesson dividends paid hit its highest annual value?
McKesson dividends paid reached its highest annual value of $381.00M in 2026.
What was McKesson dividends paid in 2025?
McKesson (MCK) dividends paid in 2025 was $345.00M.
What was McKesson dividends paid in 2026?
McKesson (MCK) dividends paid in 2026 was $381.00M.
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