McCormick Declares $0.47 Quarterly Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +15.1%
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SPARKS, Md., Sept. 26, 2017 /PRNewswire/ -- The Board of Directors of McCormick & Company (NYSE: MKC) declared a quarterly dividend of $0.47 per share on its common stocks payable October 24, 2017, to shareholders of record on October 10, 2017. McCormick's current annualized dividend rate of $1.88 per share represents an increase of 9% over the annual dividend of $1.72 per share paid in fiscal year 2016.
This is the 93rd year of consecutive dividend payments by the Company.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. With $4.4 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings the Joy of Flavor to Life™.
For more information, visit www.mccormickcorporation.com.
For information contact:Corporate Communications: Lori Robinson (410) 527-6004 or [email protected]
View original content:http://www.prnewswire.com/news-releases/mccormick-declares-047-quarterly-dividend-300526240.html
SOURCE McCormick & Company, Inc.
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