McCormick Declares $0.40 Quarterly Dividend
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July 1, 2015 6:32 AM EDT
McCormick & Co. (NYSE: MKC) reported Q2 EPS of $0.75, $0.07 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.04 billion.
Alan D. Wilson, Chairman and CEO, commented, "Our second quarter results demonstrated the effectiveness of our sales and profit growth strategies and continued the momentum from the first quarter. Both our consumer and industrial segments delivered higher sales in constant currency across each region. We are driving this growth by developing innovative products, building brand equity and strengthening our customer relationships. Performance this period was... More
June 30, 2015 4:15 PM EDT
McCormick & Co. (NYSE: MKC) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.
The dividend will be payable on July 27, 2015, to stockholders of record on July 13, 2015, with an ex-dividend date of July 9, 2015.
The annual yield on the dividend is 2 percent.
For a... More
