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McCormick Announces Increase in Quarterly Dividend

Published: 2019-11-26 21:14:00 ET

HUNT VALLEY, Md., Nov. 26, 2019 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.57 to $0.62 per share on its common stocks, payable January 13, 2020 to shareholders of record December 31, 2019. This marks the 34th consecutive year that the Company has increased its quarterly dividend. At $0.62, the quarterly dividend is double the amount paid in 2012.

Lawrence E. Kurzius, Chairman, President & CEO, said "Our purpose-led, forward focus on growth, performance and people continues to drive differentiated results and build shareholder value. We remain committed to our long history of returning cash to shareholders and I am incredibly proud 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 $5.3 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™.

For more information, visit www.mccormickcorporation.com.

For information contact:

Corporate Communications: Lori Robinson (410) 527-6004 or lori_robinson@mccormick.com

Investor Relations:Kasey Jenkins (410) 771-7140 or kasey_jenkins@mccormick.com

View original content:http://www.prnewswire.com/news-releases/mccormick-announces-increase-in-quarterly-dividend-300965761.html

SOURCE McCormick & Company, Inc.

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.