McCormick & Co. (MKC) Raises Quarterly Dividend 7.7% to $0.42; 2.6% Yield

McCormick & Co. (NYSE: MKC) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 7.7% increase from the prior dividend of $0.39.

The dividend will be payable on January 8, 2024, to stockholders of record on December 29, 2023, with an ex-dividend date of December 28, 2023.

The annual yield on the dividend is 2.6 percent.

Brendan M. Foley, President & CEO, said, "With our relentless focus on growth, performance and people, and the continued execution of our proven strategies, we are well positioned to deliver sustainable long-term growth and build shareholder value. We remain committed to our long history of returning cash to shareholders and I am pleased to announce another dividend increase."

For a dividend history and other dividend-related data on McCormick & Co. (MKC) click here.

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