STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.62
Forward Annual Dividend Rate
$1.68
Yield
Trailing Annual Dividend Yield
2.18%
Forward Annual Dividend Yield
2.7%
Dividend Date
Dividend Date
Oct 27, 2025
Ex-dividend Date
Oct 14, 2025
1.67 %
61.19
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Sep 30, 2025 | 0.45 | Oct 14, 2025 | Oct 14, 2025 | Oct 27, 2025 |
| Jun 24, 2025 | 0.45 | Jul 07, 2025 | Jul 07, 2025 | Jul 21, 2025 |
| Mar 26, 2025 | 0.45 | Apr 07, 2025 | Apr 07, 2025 | Apr 21, 2025 |
| Nov 19, 2024 | 0.45 | Dec 30, 2024 | Dec 30, 2024 | Jan 13, 2025 |
| Sep 24, 2024 | 0.42 | Oct 07, 2024 | Oct 07, 2024 | Oct 21, 2024 |
| Jun 25, 2024 | 0.42 | Jul 08, 2024 | Jul 08, 2024 | Jul 22, 2024 |
| Mar 27, 2024 | 0.42 | Apr 05, 2024 | Apr 08, 2024 | Apr 22, 2024 |
| Nov 28, 2023 | 0.42 | Dec 28, 2023 | Dec 29, 2023 | Jan 08, 2024 |
| Sep 28, 2023 | 0.39 | Oct 06, 2023 | Oct 10, 2023 | Oct 24, 2023 |
| Jun 27, 2023 | 0.39 | Jul 07, 2023 | Jul 10, 2023 | Jul 24, 2023 |
| Mar 29, 2023 | 0.39 | Apr 06, 2023 | Apr 10, 2023 | Apr 24, 2023 |
| Nov 29, 2022 | 0.39 | Dec 29, 2022 | Dec 30, 2022 | Jan 09, 2023 |
| Sep 29, 2022 | 0.37 | Oct 07, 2022 | Oct 11, 2022 | Oct 25, 2022 |
| Jun 28, 2022 | 0.37 | Jul 08, 2022 | Jul 11, 2022 | Jul 25, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 01, 2020 | 2:1 | +0.62% | -2.21% |
| Apr 09, 2002 | 2:1 | +2.67% | +0.31% |
| Jan 21, 1992 | 2:1 | -2.40% | +0.94% |
| Jan 22, 1990 | 2:1 | +2.49% | -1.07% |
| Apr 28, 1988 | 2:1 | +0.68% | +3.95% |
| Mar 22, 1977 | 2:1 | 0 | 0 |
Frequently Asked Questions
Is McCormick & Company, Incorporated (MKC) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. McCormick & Company, Incorporated is also among the companies that regularly pay dividends.
What is MKC's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MKC's annual dividend yield for the trailing 12 months is 2.18.
When did MKC last pay a dividend?
MKC last paid dividends on 2025-10-27, with the ex-dividend date being 2025-10-14.
When was the last time MKC stock split?
MKC stock split took place on 01-12-2020.
How did MKC's stock split work?
Its last split took place on Dec 1, 2020, when McCormick & Company, Incorporated went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 MKC share(s).