McCormick & Co. (MKC) Declares $0.40 Quarterly Dividend; 2.1% Yield
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McCormick Declares $0.40 Quarterly Dividend
March 25, 2015 4:15 PM EDTSPARKS, Md., March 25, 2015 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared a quarterly dividend of $0.40 per share on its common stocks payable April 20, 2015, to shareholders of record on April 6, 2015. This is the 91st year of consecutive dividend payments by the Company.
The Board of Directors also authorized a new share repurchase program. Under the new program, McCormick is authorized to purchase $600 million of its outstanding shares. In 2015, the company expects to complete the current $400 million share repurchase program which was authorized in April... More
McCormick Science Institute Testifies to USDA and HHS on 2015 Dietary Guidelines
March 25, 2015 2:00 PM EDTSPARKS, Md., March 25, 2015 /PRNewswire/ --Â Guy H. Johnson, PhD, Executive Director of the McCormick Science Institute testified yesterday to officials from the U.S. Department of Agriculture and U.S. Department of Health and Human Services regarding the Scientific Report of the 2015 Dietary Guidelines Advisory Committee. Â Johnson applauded the committee's inclusion of spices and herbs as a way to reduce sodium consumption, while encouraging policy makers to look more broadly at flavor's role in diet quality.
"Spices and herbs are an important tool in helping Americans meet the committee's dietary recommendations," said Johnson.... More
