McCormick Declares $0.42 Quarterly Dividend

Rhea-AI Summary

McCormick has announced a quarterly dividend of $0.42 per share, continuing its 100-year tradition of consistent dividend payments. The dividend will be paid on July 22, 2024, to shareholders who are on record as of July 8, 2024. This declaration underscores McCormick's ongoing commitment to returning value to shareholders.

Positive

• Declared quarterly dividend of $0.42 per share.
• 100th consecutive year of dividend payments.
• Dividend payment date: July 22, 2024.
• Record date: July 8, 2024.

Negative

• None.

HUNT VALLEY, Md., June 25, 2024 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.42 per share on its common stocks, payable July 22, 2024 to shareholders of record July 8, 2024.

This is the 100^th year of consecutive dividend payments by the Company.

About McCormick 
McCormick & Company, Incorporated 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, Vahiné, 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 – 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: www.mccormickcorporation.com 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

 

View original content:https://www.prnewswire.com/news-releases/mccormick-declares-0-42-quarterly-dividend-302182307.html

SOURCE McCormick & Company, Incorporated

FAQ

What dividend did McCormick (MKC) declare in June 2024?

McCormick declared a $0.42 per share quarterly dividend in June 2024.

When will McCormick (MKC) pay its declared dividend?

McCormick will pay the declared dividend on July 22, 2024.

What is the record date for McCormick's (MKC) latest dividend?

The record date for McCormick's latest dividend is July 8, 2024.

How long has McCormick (MKC) been paying dividends?

McCormick has been paying dividends consecutively for 100 years.