McCormick increases dividend for 32nd year in 2017
Dividend Aristocrat McCormick (MKC) will raise its quarterly dividend to $0.52 per share in the fourth quarter of 2017.
The increased dividend will be paid on January 16, 2018 to shareholders of record on December 29, 2017. The new dividend yield for MKC is 2.0%.
This marks the 32(nd) consecutive year that the Company has increased its quarterly dividend. At $0.52, the quarterly dividend is double the amount paid in 2010.
Lawrence E. Kurzius, Chairman, President & CEO, said, "Our steadfast focus on growth, performance and people is resulting in strong sales and profit performance and generating strong cash flow. We are committed to our dividend program and I'm delighted to announce another dividend increase for our shareholders."
In 2016 McCormick raised its dividend for the 31st consecutive year.
McCormick & Company, Incorporated is a global leader in flavor. With $4.4 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings the Joy of Flavor to Life™.
The increased dividend will be paid on January 16, 2018 to shareholders of record on December 29, 2017. The new dividend yield for MKC is 2.0%.
This marks the 32(nd) consecutive year that the Company has increased its quarterly dividend. At $0.52, the quarterly dividend is double the amount paid in 2010.
Lawrence E. Kurzius, Chairman, President & CEO, said, "Our steadfast focus on growth, performance and people is resulting in strong sales and profit performance and generating strong cash flow. We are committed to our dividend program and I'm delighted to announce another dividend increase for our shareholders."
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| Global leader in flavor McCormick is a Dividend Aristocrat |
McCormick & Company, Incorporated is a global leader in flavor. With $4.4 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings the Joy of Flavor to Life™.
