Is This Proven Dividend Stock a Buy?
For a dividend growth investor, success can best be attained by following a simple investment philosophy: Buy companies with strong brands and reputations of prioritizing shareholders.
With 37 straight years of dividend growth, McCormick (NYSE: MKC) exhibits just the kind of shareholder-friendly culture that dividend growth investors should appreciate. But is the planet's largest spice and seasoning products manufacturer a buy? Let's check into McCormick's fundamentals and valuation to find out.
Food is essential to sustaining life for humans around the world. But for most consumers, food could always use more flavor. McCormick's products add distinctive flavors that enhance every meal. These brands include the eponymous McCormick spices and seasoning mixes, Lawry's BBQ sauce, and French's yellow mustard, which are found in many homes throughout the globe.
Source Fool.com
