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McCormick Announces Increase in Quarterly Dividend

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McCormick (NYSE: MKC) announced a quarterly dividend increase from $0.42 to $0.45 per share, payable January 13, 2025 to shareholders of record December 30, 2024. This marks the company's 101st year of continuous dividend payments and 39th consecutive year of dividend increases. The company, recognized as a Dividend Aristocrat, has maintained dividend payments since 1925, demonstrating its commitment to returning value to shareholders.

McCormick (NYSE: MKC) ha annunciato un aumento del dividendo trimestrale da $0,42 a $0,45 per azione, che sar脿 pagato il 13 gennaio 2025 agli azionisti registrati il 30 dicembre 2024. Questo segna l'101掳 anno di pagamenti di dividendi continuativi dell'azienda e il 39掳 anno consecutivo di aumenti dei dividendi. L'azienda, riconosciuta come Aristocratica dei Dividendi, ha mantenuto i pagamenti dei dividendi dal 1925, dimostrando il suo impegno nel restituire valore agli azionisti.

McCormick (NYSE: MKC) anunci贸 un aumento del dividendo trimestral de $0,42 a $0,45 por acci贸n, que se pagar谩 el 13 de enero de 2025 a los accionistas registrados el 30 de diciembre de 2024. Esto marca el 101掳 a帽o de pagos continuos de dividendos de la empresa y el 39掳 a帽o consecutivo de aumentos de dividendos. La empresa, reconocida como Arist贸crata de Dividendos, ha mantenido los pagos de dividendos desde 1925, demostrando su compromiso de devolver valor a los accionistas.

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McCormick (NYSE: MKC) a annonc茅 une augmentation du dividende trimestriel de 0,42 $ 脿 0,45 $ par action, payable le 13 janvier 2025 aux actionnaires enregistr茅s le 30 d茅cembre 2024. Cela marque la 101e ann茅e de paiements de dividendes continus de l'entreprise et la 39e ann茅e cons茅cutive d'augmentation des dividendes. L'entreprise, reconnue comme Aristocrate du Dividende, maintient des paiements de dividende depuis 1925, t茅moignant de son engagement 脿 restituer de la valeur aux actionnaires.

McCormick (NYSE: MKC) hat eine Erh枚hung der viertelj盲hrlichen Dividende von $0,42 auf $0,45 pro Aktie bekannt gegeben, die am 13. Januar 2025 an die am 30. Dezember 2024 registrierten Aktion盲re ausgezahlt wird. Dies markiert das 101. Jahr kontinuierlicher Dividendenzahlungen des Unternehmens und das 39. Jahr in Folge von Dividendensteigerungen. Das Unternehmen, das als Dividendenaristokrat anerkannt ist, zahlt seit 1925 Dividenden und demonstriert damit sein Engagement, den Aktion盲ren Wert zur眉ckzugeben.

Positive
  • Increased quarterly dividend by 7.1% (from $0.42 to $0.45 per share)
  • 39 consecutive years of dividend increases, maintaining Dividend Aristocrat status
  • 101-year track record of continuous dividend payments
Negative
  • None.

HUNT VALLEY,聽Md., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.42 to $0.45 per share on its common stocks, payable January 13, 2025 to shareholders of record December 30, 2024. This marks the Company's 101st year of continuous dividend payments and the 39th consecutive year it has increased its quarterly dividend.

Brendan M. Foley, President & CEO, said "McCormick is a growth company. We are committed to advancing our leadership and our differentiation and creating long-term shareholder value. We are proud to be recognized as a Dividend Aristocrat and I am honored to announce another dividend increase which reflects our ongoing commitment to returning cash to shareholders."

McCormick has paid dividends each year since 1925 and is recognized as a member of the S&P 500 Dividend Aristocrats Index.

About McCormick

McCormick & Company, Incorporated聽is a global leader in flavor. With over $6.5 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahin茅, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA and Giotti. The breadth and reach of our portfolio uniquely position us to capitalize on the consumer demand for flavor in every sip and bite, through our products and our customers' products. We operate in two segments, Consumer and Flavor Solutions, which complement each other and reinforce our differentiation. The scale, insights, and technology that we leverage from both segments are meaningful in driving sustainable growth.

Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose 鈥 To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable, and delicious go hand in hand.

To learn more, visit: or follow McCormick & Company on Instagram and LinkedIn.

For information contact:

Investor Relations:
Faten Freiha - faten_freiha@mccormick.com

Global Communications:
Lori Robinson - lori_robinson@mccormick.com

Cision View original content:

SOURCE McCormick & Company, Incorporated

FAQ

What is McCormick's (MKC) new quarterly dividend amount for 2025?

McCormick's new quarterly dividend is $0.45 per share, increased from $0.42.

When will McCormick (MKC) pay its next dividend in 2025?

McCormick will pay its next dividend on January 13, 2025, to shareholders of record as of December 30, 2024.

How many consecutive years has McCormick (MKC) increased its dividend?

McCormick has increased its dividend for 39 consecutive years.

How long has McCormick (MKC) been paying dividends?

McCormick has been paying dividends continuously since 1925, marking 101 years of dividend payments.

McCormick & Company, Incorporated Non-VTG CS

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20.00B
264.96M
0.02%
88.48%
1.99%
Packaged Foods
Miscellaneous Food Preparations & Kindred Products
United States of America
HUNT VALLEY