McCormick Declares Quarterly Dividend of $0.48 Per Share
McCormick & Company (MKC) has declared a quarterly dividend of $0.48 per share, consistent with its previous payout. The forward yield is currently at 4.02%. The dividend will be payable on October 26 to shareholders of record as of October 13, with an ex-dividend date also set for October 13. The announcement aligns with McCormick's history of stable and growing dividends, reinforcing its status as a Dividend Aristocrat. Investors are likely viewing the consistent payout favorably amid market volatility in consumer staples stocks.
Topics: consumer staples dividends