HUNT VALLEY, Md., Nov. 30, 2021 /PRNewswire/ -- The Board of
Directors of McCormick & Company, Incorporated (NYSE:MKC) today
declared an increase in the quarterly dividend from $0.34 to $0.37 per
share on its common stocks, payable January
10, 2022 to shareholders of record December 31, 2021. This marks the 36th
consecutive year that the Company has increased its quarterly
dividend. At $0.37, the quarterly
dividend is double the amount paid in 2014.
Lawrence E. Kurzius, Chairman,
President & CEO, said "Our focus on growth is relentless as we
continue to drive McCormick forward and further build value for all
of our shareholders. We are proud to be a Dividend Aristocrat and
remain committed to our long history of returning cash to
shareholders. I am delighted to announce another dividend
increase."
McCormick has paid dividends each year since
1925.
About McCormick
McCormick & Company, Incorporated is a global leader in
flavor. As a Fortune 500 company with over $5 billion in annual sales across 160 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 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 Twitter, Instagram and LinkedIn.
For information contact:
Corporate Communications:
Lori Robinson
lori_robinson@mccormick.com
Investor Relations:
Kasey Jenkins
kasey_jenkins@mccormick.com
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SOURCE McCormick & Company, Incorporated