McCormick & Co. (MKC) Raises Quarterly Dividend 9.7% to $0.68; 1.5% Yield

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McCormick Announces Increase in Quarterly Dividend

November 20, 2020 4:20 PM EST

HUNT VALLEY, Md., Nov. 20, 2020 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.62 to $0.68 per share on its common stocks, which will be paid on a split-adjusted basis of $0.34 per share to reflect the 2-for-1 stock split that is effective December 1, 2020.  The dividend is payable January 11, 2021 to shareholders of record December 31, 2020.  This marks the 35th consecutive year that the Company has increased its quarterly... More