McCormick (MKC) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.92
- Forward yield
- 4.29%
- Payout ratio
- 60.4%
- Growth streak
- 4 years
McCormick pays a quarterly dividend of $0.48 per share. Its next payment is already scheduled, with an ex-date of October 13, 2026 and a pay date of October 26, 2026. The most recent paid dividend went ex on July 6, 2026 and was paid on July 20. Over the trailing twelve months, McCormick paid $1.89 per share, a yield of about 4.2% at a share price of $44.67.
The record shows a steady annual rhythm. McCormick has raised its dividend once a year, each time with the payment that goes ex-dividend in late December. The rate went from $0.37 to $0.39 at the end of 2022, then to $0.42 in 2023, $0.45 in 2024 and $0.48 in 2025. The first raise was two cents and the later ones three cents each, or about 5.4% to 7.7%. Since late 2021, the quarterly rate has grown about 30%. Payments by calendar year rose from $1.50 in 2022 to $1.83 in 2025. The company has increased its dividend for four consecutive years.
If the pattern holds, the payment after October's would go ex-dividend in late December 2026 and be paid in mid-January 2027. That is the payment where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Sep 24, 2026 | Oct 13, 2026 | Oct 26, 2026 | $0.48 |
| Jun 23, 2026 | Jul 6, 2026 | Jul 20, 2026 | $0.48 |
| Apr 8, 2026 | Apr 20, 2026 | Apr 27, 2026 | $0.48 |
| Nov 18, 2025 | Dec 29, 2025 | Jan 12, 2026 | $0.48 |
| Sep 30, 2025 | Oct 14, 2025 | Oct 27, 2025 | $0.45 |
| Jun 24, 2025 | Jul 7, 2025 | Jul 21, 2025 | $0.45 |
| Mar 26, 2025 | Apr 7, 2025 | Apr 21, 2025 | $0.45 |
| Nov 19, 2024 | Dec 30, 2024 | Jan 13, 2025 | $0.45 |
| Sep 24, 2024 | Oct 7, 2024 | Oct 21, 2024 | $0.42 |
| Jun 25, 2024 | Jul 8, 2024 | Jul 22, 2024 | $0.42 |
| Mar 27, 2024 | Apr 5, 2024 | Apr 22, 2024 | $0.42 |
| Nov 28, 2023 | Dec 28, 2023 | Jan 8, 2024 | $0.42 |
| Sep 28, 2023 | Oct 6, 2023 | Oct 24, 2023 | $0.39 |
| Jun 27, 2023 | Jul 7, 2023 | Jul 24, 2023 | $0.39 |
| Mar 29, 2023 | Apr 6, 2023 | Apr 24, 2023 | $0.39 |
| Nov 29, 2022 | Dec 29, 2022 | Jan 9, 2023 | $0.39 |
| Sep 29, 2022 | Oct 7, 2022 | Oct 25, 2022 | $0.37 |
| Jun 28, 2022 | Jul 8, 2022 | Jul 25, 2022 | $0.37 |
| Mar 30, 2022 | Apr 8, 2022 | Apr 25, 2022 | $0.37 |
| Nov 30, 2021 | Dec 30, 2021 | Jan 10, 2022 | $0.37 |
Frequently asked questions
Does McCormick (MKC) pay a dividend?
Yes. McCormick pays a quarterly dividend; the most recent payment was $0.48 per share.
What is MKC's dividend yield?
McCormick paid $1.92 per share over the trailing twelve months, a yield of 4.29% at the last price of $44.80. Click here to learn more
When is MKC's most recent ex-dividend date?
McCormick's most recent ex-dividend date is Oct 13, 2026, payable on Oct 26, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MKC been raising its dividend?
Yes — McCormick has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.