McCormick & Company, Incorporated (NYSE:MKC) Updates On Quarterly Dividend


As per McCormick & Company, Incorporated (NYSE:MKC) statement on 2016-06-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.43 per share as dividend to stakeholders. The record date is set as 2016-07-11, the payout date as 2016-07-25 and the ex-dividend date is 2016-07-07.

Last fiscal McCormick & Company, Incorporated (NYSE:MKC) disbursed cash dividend of $0.43. A year ago, the payout was $0.43, which indicates a difference of 8.1081%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.43, implying 8.9977% growth.

For the period ended on 2015-11-30, McCormick & Company, Incorporated (NYSE:MKC)’s earnings came at $0.75 per share compared to EPS of $0.85 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-10-06. For this quarter, the analysts have earnings estimate of $0.94 per share.

The interim price target for McCormick & Company, Incorporated (NYSE:MKC) is set at $105.666. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for McCormick & Company, Incorporated (NYSE:MKC) is seen at $113 and the lowest level is established at $100. This broad range highlights a standard deviation of $6.658 in reported estimates.

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