McCormick & Co (MKC) Dividend
Dividend Aristocrat — 38 consecutive years of dividend increases.
McCormick & Co (MKC) currently pays a dividend yield of 3.63%, distributing $1.92 per share annually ($0.48 per quarter). The company operates in the Consumer Staples sector.
MKC has raised its dividend for 38 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
MKC dividend at a glance
| Dividend Yield | 3.63% |
|---|---|
| Annual Dividend | $1.92 per share |
| Per Payment | $0.48 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 6, 2026 |
| Next Payment Date | November 3, 2026 |
| Payout Ratio | 31% |
| Consecutive Years of Dividend Growth | 38 |
| Sector | Consumer Staples |
| Implied Share Price (from yield) | $52.89 |
What MKC pays on a $10,000 investment
At a 3.63% yield, $10,000 invested in MKC generates about $363.00 per year, or roughly $90.75 every quarter. Share counts below use an implied price of $52.89, derived from the $1.92 annual dividend and the 3.63% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 18.9 | $36.30 | $9.08 |
| $5,000 | 94.5 | $181.50 | $45.38 |
| $10,000 | 189.1 | $363.00 | $90.75 |
| $25,000 | 472.7 | $907.50 | $226.88 |
| $100,000 | 1,890.6 | $3,630.00 | $907.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MKC dividend payment schedule
MKC pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 6, 2026, with payment on November 3, 2026. Later rows are projected forward at the same interval and will shift when McCormick & Co declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 6, 2026 | November 3, 2026 | $0.48 | Confirmed |
| January 6, 2027 | February 3, 2027 | $0.48 | Projected |
| April 6, 2027 | May 4, 2027 | $0.48 | Projected |
| July 6, 2027 | August 3, 2027 | $0.48 | Projected |
To collect a MKC dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MKC's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. MKC's 3.63% is 0.18 percentage points below that median, ranking 305th of 587 by yield.
Within Consumer Staples, where we track 15 names, the median yield is 3.66% — putting MKC right at its sector.
Its 38-year run of dividend increases ranks 34th out of the 362 names in our data with an active growth streak.
What the numbers mean
MKC pays out roughly 31% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, MKC distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MKC dividend FAQ
When is the next MKC ex-dividend date?
The next MKC ex-dividend date is October 6, 2026, with the payment scheduled for November 3, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MKC's dividend yield?
MKC currently yields 3.63%, based on $1.92 in dividends per share over the past year.
How often does MKC pay dividends?
MKC pays quarterly, which works out to 4 payments per year of about $0.48 per share.
How much dividend income would $10,000 of MKC generate?
At the current 3.63% yield, $10,000 invested in MKC would produce roughly $363.00 per year, or about $90.75 per quarter, before taxes and assuming the dividend holds.
Has MKC increased its dividend?
Yes — MKC has raised its dividend for 38 consecutive years. That makes it a Dividend Aristocrat.
MKC dividend history
DivTrkr holds 159 recorded MKC dividend payments going back to 1986, with 38 consecutive complete years of increases and +7.7% a year of growth over the last five complete years. See the full MKC dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Staples dividend payers
- CPB — Campbell Soup dividend (6.77%)
- GIS — General Mills dividend (6.61%)
- MO — Altria Group dividend (6.20%)
- CLX — Clorox Co dividend (4.72%)
- HRL — Hormel Foods dividend (4.68%)
- KMB — Kimberly-Clark dividend (4.67%)
- CAG — Conagra Brands dividend (4.63%)
- SJM — J.M. Smucker dividend (3.66%)
Similar yields to MKC
- TM — Toyota Motor Corporation dividend (3.64%)
- PSA — Public Storage dividend (3.65%)
- SFL — SFL Corporation Ltd. dividend (3.65%)
- PNW — Pinnacle West Capital dividend (3.60%)
- SJM — J.M. Smucker dividend (3.66%)
- SGOV — iShares 0-3 Month Treasury Bond ETF dividend (3.67%)
Track MKC dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.