HUNT
VALLEY, Md., Nov. 28,
2023 /PRNewswire/ -- The Board of Directors of
McCormick & Company, Incorporated (NYSE:MKC) today declared an
increase in the quarterly dividend from $0.39 to $0.42 per
share on its common stocks, payable January
8, 2024 to shareholders of record December 29, 2023. This marks the 38th
consecutive year that the Company has increased its quarterly
dividend.
Brendan M. Foley, President &
CEO, said, "With our relentless focus on growth, performance and
people, and the continued execution of our proven strategies, we
are well positioned to deliver sustainable long-term growth and
build shareholder value. We remain committed to our long history of
returning cash to shareholders and 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 X, Instagram and LinkedIn.
For information contact:
Investor Relations:
Faten Freiha -
faten_freiha@mccormick.com
Global Communications:
Lori Robinson
lori_robinson@mccormick.com
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SOURCE McCormick & Company, Incorporated