Le Lézard
Classified in: Business
Subjects: DIV, FVT

McCormick Announces Increase in Quarterly Dividend


HUNT VALLEY, Md., Nov. 29, 2022 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.37 to $0.39 per share on its common stocks, payable January 9, 2023 to shareholders of record December 30, 2022. This marks the 37th consecutive year that the Company has increased its quarterly dividend. 

Lawrence E. Kurzius, Chairman & CEO, said "Our proven strategies are designed to drive long-term profitable growth and build value for our shareholders. We are proud to be a Dividend Aristocrat and remain committed to our long history of returning cash to shareholders. I am pleased to announce another dividend increase."

McCormick has paid dividends each year since 1925.  

About McCormick

McCormick & Company, Incorporated is a global leader in flavor. With over $6 billion in annual sales across 170 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, 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 and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.

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 Twitter, Instagram and LinkedIn.

For information contact:

Investor Relations:
Kasey Jenkins kasey_jenkins@mccormick.com

Corporate Communications:
Lori Robinson lori_robinson@mccormick.com

SOURCE McCormick & Company, Incorporated


These press releases may also interest you

at 21:58
Today's commitment by the federal government to significantly increase health transfers to provincial and territorial governments is an important step to stabilize and transform our health care systems. The emphasis being placed on primary care,...

at 21:50
President Biden has delivered on his promise to create jobs, with our country witnessing record-breaking job creation over the last year. But gender and racial inequities in job growth remain and women and some ethnic groups continue to lag behind....

at 21:22
TSX VENTURE COMPANIES LABRADOR RESOURCES INC. ("LTX") [Formerly LABRADOR TECHNOLOGIES INC. ("LTX")BULLETIN TYPE: Resume Trading, Change of Business, Name Change, Private Placement ? Non-BrokeredBULLETIN DATE:  February 7, 2023TSX Venture Tier...

at 21:08
WEMIX PLAY, the number 1 blockchain gaming platform by Wemade, is hosting a WEMIX airdrop event until February 28th to celebrate the global launch of its MMORPG, MIR M: Vanguard and Vagabond....

at 21:00
POWR Lithium Corp. (FRA: 6JX / WKN: A3D6BS) , formerly Clear Sky Lithium Corp. (FRA: K4A / WKN: A3DM2W) ("POWR" or the "Company"), a mineral exploration and development company focused on American lithium deposits to support domestic demand, is...

at 20:54
Aetna Better Health of West Virginia, a CVS Health® company , has been selected by the West Virginia Department of Health and Human Resources to continue serving Mountain Health Promise members under a new Medicaid managed care contract....



News published on 29 november 2022 at 16:35 and distributed by: