SPARKS, Md., Nov. 28, 2017 /PRNewswire/ -- The Board of
Directors of McCormick & Company, Incorporated (NYSE:MKC) today
declared an increase in the quarterly dividend from $0.47 to $0.52 per
share on its common stocks, payable January
16, 2018 to shareholders of record December 29, 2017. This marks the
32nd consecutive year that the Company has increased its
quarterly dividend. At $0.52,
the quarterly dividend is double the amount paid in 2010.
Lawrence E. Kurzius, Chairman,
President & CEO, said, "Our steadfast focus on growth,
performance and people is resulting in strong sales and profit
performance and generating strong cash flow. We are committed
to our dividend program and I'm delighted to announce another
dividend increase for our shareholders."
McCormick has paid dividends each year since
1925.
About McCormick
McCormick & Company, Incorporated is a global leader in
flavor. With $4.4 billion in
annual sales, the company manufactures, markets and distributes
spices, seasoning mixes, condiments and other flavorful products to
the entire food industry – retail outlets, food manufacturers and
foodservice businesses. Every day, no matter where or what
you eat, you can enjoy food flavored by McCormick. McCormick
Brings the Joy of Flavor to Life™.
For more information, visit www.mccormickcorporation.com.
For information contact:
Corporate Communications:
Lori Robinson (410) 527-6004 or
lori_robinson@mccormick.com
Investor Relations:
Kasey Jenkins (410) 771-7140 or
kasey_jenkins@mccormick.com
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SOURCE McCormick & Company, Incorporated