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.
