Dividend Aristocrat McCormick Declares Its Upcoming Payout
Bucking a recent trend of publicly traded companies that are suspending dividends, McCormick (NYSE: MKC) has declared a fresh payout. The company announced Wednesday it will again dispense a quarterly dividend of $0.62 per share, for a yield of just under 1.8%. This will be paid on April 27 to stockholders of record as of April 13.
That amount matches the company's previous quarterly dividend, which was handed out in January. Prior to that, McCormick had paid $0.57 per share.
McCormick headquarters. Image source: McCormick
Source Fool.com
