McCormick & Co. (MKC) Raises Quarterly Dividend 8.8% to $0.37; 1.7% Yield

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McCormick Announces Increase in Quarterly Dividend

November 30, 2021 5:00 PM EST

HUNT VALLEY, Md., Nov. 30, 2021 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.34 to $0.37 per share on its common stocks, payable January 10, 2022 to shareholders of record December 31, 2021. This marks the 36th consecutive year that the Company has increased its quarterly dividend. At $0.37, the quarterly dividend is double the amount paid in 2014. 

Lawrence E. Kurzius,... More