McCormick & Company (MKC) Dividend History & Yield
McCormick & Company (MKC) has increased its dividend for 28 consecutive years and currently yields 3.75%. The most recent payment was $0.4800/share on Dec 29, 2025, paid Quarterly.
Current Yield
3.75%
TTM Dividend/Share
$1.83
Payment Frequency
Quarterly
Payout Ratio
61.2%
Consecutive Growth Years
28
Div Growth (1Y CAGR)
7.02%
Div Growth (5Y CAGR)
7.58%
Div Growth (10Y CAGR)
8.42%
Dividend Safety Score
5 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 61.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($2.76) covers dividend/share ($1.83).
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
28 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Dec 29, 2025
- Payment date
- Jan 12, 2026
- Dividend
- $0.4800
- Adj. dividend
- $0.4800
- Yield (ex-date)
- 2.65%
Ex-date Oct 14, 2025
- Payment date
- Oct 27, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
- Yield (ex-date)
- 2.74%
Ex-date Jul 7, 2025
- Payment date
- Jul 21, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
- Yield (ex-date)
- 2.41%
Ex-date Apr 7, 2025
- Payment date
- Apr 21, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
- Yield (ex-date)
- 2.35%
Ex-date Dec 30, 2024
- Payment date
- Jan 13, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
- Yield (ex-date)
- 2.27%
Ex-date Oct 7, 2024
- Payment date
- Oct 21, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 2.12%
Ex-date Jul 8, 2024
- Payment date
- Jul 22, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 2.38%
Ex-date Apr 5, 2024
- Payment date
- Apr 22, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 2.15%
Ex-date Dec 28, 2023
- Payment date
- Jan 8, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 2.33%
Ex-date Oct 6, 2023
- Payment date
- Oct 24, 2023
- Dividend
- $0.3900
- Adj. dividend
- $0.3900
- Yield (ex-date)
- 2.42%
Ex-date Jul 7, 2023
- Payment date
- Jul 24, 2023
- Dividend
- $0.3900
- Adj. dividend
- $0.3900
- Yield (ex-date)
- 1.82%
Ex-date Apr 6, 2023
- Payment date
- Apr 24, 2023
- Dividend
- $0.3900
- Adj. dividend
- $0.3900
- Yield (ex-date)
- 1.77%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Dec 29, 2025 | Jan 12, 2026 | $0.4800 | $0.4800 | 2.65% |
| Oct 14, 2025 | Oct 27, 2025 | $0.4500 | $0.4500 | 2.74% |
| Jul 7, 2025 | Jul 21, 2025 | $0.4500 | $0.4500 | 2.41% |
| Apr 7, 2025 | Apr 21, 2025 | $0.4500 | $0.4500 | 2.35% |
| Dec 30, 2024 | Jan 13, 2025 | $0.4500 | $0.4500 | 2.27% |
| Oct 7, 2024 | Oct 21, 2024 | $0.4200 | $0.4200 | 2.12% |
| Jul 8, 2024 | Jul 22, 2024 | $0.4200 | $0.4200 | 2.38% |
| Apr 5, 2024 | Apr 22, 2024 | $0.4200 | $0.4200 | 2.15% |
| Dec 28, 2023 | Jan 8, 2024 | $0.4200 | $0.4200 | 2.33% |
| Oct 6, 2023 | Oct 24, 2023 | $0.3900 | $0.3900 | 2.42% |
| Jul 7, 2023 | Jul 24, 2023 | $0.3900 | $0.3900 | 1.82% |
| Apr 6, 2023 | Apr 24, 2023 | $0.3900 | $0.3900 | 1.77% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
McCormick & Company has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 28 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2025 | $1.7100 | $1.8300 | +7.0% |
| 2024 | $1.5900 | $1.7100 | +7.5% |
| 2023 | $1.5000 | $1.5900 | +6.0% |
| 2022 | $1.3900 | $1.5000 | +7.9% |
| 2021 | $1.2700 | $1.3900 | +9.4% |
| 2020 | $1.1650 | $1.2700 | +9.0% |
| 2019 | $1.0650 | $1.1650 | +9.4% |
| 2018 | $0.9650 | $1.0650 | +10.4% |
| 2017 | $0.8800 | $0.9650 | +9.7% |
| 2016 | $0.8150 | $0.8800 | +8.0% |
| 2015 | $0.7550 | $0.8150 | +7.9% |
| 2014 | $0.6950 | $0.7550 | +8.6% |
| 2013 | $0.6350 | $0.6950 | +9.4% |
| 2012 | $0.5750 | $0.6350 | +10.4% |
| 2011 | $0.5300 | $0.5750 | +8.5% |
| 2010 | $0.4900 | $0.5300 | +8.2% |
| 2009 | $0.4500 | $0.4900 | +8.9% |
| 2008 | $0.4100 | $0.4500 | +9.8% |
| 2007 | $0.3700 | $0.4100 | +10.8% |
| 2006 | $0.3300 | $0.3700 | +12.1% |
| 2005 | $0.2900 | $0.3300 | +13.8% |
| 2004 | $0.2450 | $0.2900 | +18.4% |
| 2003 | $0.2125 | $0.2450 | +15.3% |
| 2002 | $0.2025 | $0.2125 | +4.9% |
| 2001 | $0.1925 | $0.2025 | +5.2% |
| 2000 | $0.1750 | $0.1925 | +10.0% |
| 1999 | $0.1625 | $0.1750 | +7.7% |
| 1998 | $0.1900 | $0.1625 | -14.5% |
| 1997 | $0.1425 | $0.1900 | +33.3% |
| 1996 | $0.1325 | $0.1425 | +7.5% |
| 1995 | $0.1075 | $0.1325 | +23.3% |
| 1994 | $0.1125 | $0.1075 | -4.4% |
| 1993 | $0.1000 | $0.1125 | +12.5% |
| 1992 | $0.0763 | $0.1000 | +31.1% |
| 1991 | $0.0600 | $0.0763 | +27.1% |
| 1990 | $0.0462 | $0.0600 | +29.7% |
| 1989 | $0.0353 | $0.0462 | +31.0% |
| 1988 | $0.0313 | $0.0353 | +13.0% |
| 1987 | $0.0285 | $0.0313 | +9.6% |
| 1986 | $0.0276 | $0.0285 | +3.3% |
| 1985 | — | $0.0276 | — |
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 McCormick & Company pay dividends?
- Yes, McCormick & Company (MKC) pays quarterly dividends of approximately $1.83 per share annually, yielding 3.75%.
What is McCormick & Company's dividend yield?
- McCormick & Company (MKC) has a current dividend yield of 3.75%.
Is McCormick & Company's dividend safe?
- McCormick & Company (MKC) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has McCormick & Company increased its dividend?
- McCormick & Company (MKC) has 28 consecutive years of dividend increases.
What is McCormick & Company's dividend payout ratio?
- McCormick & Company (MKC) has a dividend payout ratio of 61.2%.