Key Details
Price
$75.10Last Dividend
$0.45Annual Revenue
$6.66 BAnnual EPS
$2.52Annual ROE
13.91%Beta
0.07Events Calendar
Next earnings date:
Jan 24, 2025Recent quarterly earnings:
Oct 01, 2024Recent annual earnings:
Jan 25, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 30, 2024Next split:
N/ARecent split:
Dec 01, 2020Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
McCormick (MKC), known for its diverse range of spices and condiments, is said to be in discussions to buy Sauer Brands for over $1 billion from its current owner, Falfurrias Capital Partners, as reported by Bloomberg on Monday evening.
According to sources familiar with the matter, McCormick & Company, Inc. (MKC) is thinking about purchasing Sauer Brands from Falfurrias Capital Partners for more than $1 billion, as reported by Bloomberg.
McCormick & Company has a strong competitive advantage, a well-known brand, and has consistently paid dividends for over a hundred years, making it a dependable choice for long-term investors. Even though it has not performed well recently, its stable business model and significant market presence in spices and seasonings provide reliable cash flow during different economic conditions. Additionally, its recent low correlation with the S&P 500 during market downturns suggests that McCormick could enhance returns for portfolios focused on technology.
HUNT VALLEY, Md., Nov. 19, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC) announced today that its Board of Directors has raised the quarterly dividend from $0.42 to $0.45 per share for its common stocks. This dividend will be paid on January 13, 2025, to shareholders who are on record as of December 30, 2024.
These successful stocks are in your favor over time.
Fox News contributor Jason Chaffetz talks about a memo from a FEMA worker that criticizes Trump, Trump's choice of Tom Homan as the new border czar, and Senator-elect David McCormick's decision to go to Senate orientation even though he hasn't been invited.
Brendan Foley, the CEO of McCormick, appears on 'Power Lunch' to talk about the current situation of consumers, the trend of 'swicy' products, and what is helping the company grow.
HUNT VALLEY, Md., Oct. 17, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a worldwide leader in flavor, will hold an Investor Day on Tuesday, October 22, 2024, at its Global Headquarters in Hunt Valley, Maryland.
Here are two stocks that haven't done as well as the S&P 500 but are set to recover and provide a good dividend.
McCormick & Co. is gaining from the trend of cooking at home, which increases the need for seasonings, but it is struggling in the Flavor Solutions area because quick-service restaurants are not doing well. The company's valuation is worrying at 27.4 times its expected earnings, and while there is some growth in volume and profit margins, the potential for significant gains is limited. Their recent earnings report showed that net sales remained the same, but gross profit and EBIT margin improved thanks to better performance in the consumer segment.
FAQ
- What is the primary business of McCormick & Company Incorporated?
- What is the ticker symbol for McCormick & Company Incorporated?
- Does McCormick & Company Incorporated pay dividends?
- What sector is McCormick & Company Incorporated in?
- What industry is McCormick & Company Incorporated in?
- What country is McCormick & Company Incorporated based in?
- When did McCormick & Company Incorporated go public?
- Is McCormick & Company Incorporated in the S&P 500?
- Is McCormick & Company Incorporated in the NASDAQ 100?
- Is McCormick & Company Incorporated in the Dow Jones?
- When was McCormick & Company Incorporated's last earnings report?
- When does McCormick & Company Incorporated report earnings?
- Should I buy McCormick & Company Incorporated stock now?