Mccormick & Co Inc (MKC) Dividend Analysis
Comprehensive dividend yield, safety, growth, and income analysis for MKC.
Mccormick & Co Inc (MKC) pays a solid 3.47% dividend yield, or $1.92 per share annually at a stock price of $55.28. 38 consecutive years of dividend increases — qualifying as a Dividend Aristocrat (25+ years). The payout ratio of 31% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.1x. Dividend growth has been steady, with a 3-year CAGR of 7.1% and a 5-year CAGR of 7.3% (10-year: 8.4%). The most recent ex-dividend date was July 6, 2026.
Dividend Overview
Mccormick & Co Inc (MKC) pays a solid 3.47% dividend yield, or $1.92 per share annually at a stock price of $55.28. MKC has increased its dividend for 38 consecutive years.
Dividend Safety
The payout ratio of 31% is well within sustainable levels, leaving room for future increases.
DRIP Projection
$10,000 invested in MKC with dividends reinvested would grow to approximately $16,070 after 10 years, generating roughly $1,127/year in dividend income. This projection assumes the current 3.47% yield and a 7.3% annual dividend growth rate with all dividends reinvested.
| Year | Portfolio Value | Annual Income | Total Return |
|---|---|---|---|
| Year 1 | $10,347 | $386 | +3% |
| Year 5 | $12,176 | $601 | +22% |
| Year 10 | $16,070 | $1,127 | +61% |
| Year 15 | $23,731 | $2,365 | +137% |
| Year 20 | $40,935 | $5,797 | +309% |
Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.
Payment Schedule
You must own shares before the ex-dividend date to receive the upcoming payment. Payment typically arrives 2-4 weeks after the ex-date.
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