McCormick & Company, Inc. (NYSE:MKC)

CAPS Rating: 5 out of 5

A diversified specialty food company and a global leader in the manufacture, marketing and distribution of spices, herbs, seasonings and other flavors to the entire food industry.


Player Avatar rd80 (96.91) Submitted: 7/26/2010 9:36:13 PM : Outperform Start Price: $32.34 MKC Score: +41.36

McCormick is a classic stock for investors who want income and have little tolerance for wild swings in the market.

It isn't a super high yielder, current dividend yield is 2.8%. But it has an excellent track record of raising that dividend every year and the payout ratio is a very reasonable 41%.

Solid balance sheet, decent income, a pinch of growth, easy on the volatility is a recipe for a green thumb in an uncertain economy.

Disclosure: No position in MKC at time of posting.

Member Avatar rd80 (96.91) Submitted: 11/27/2012 11:12:11 PM
Recs: 0

Woo hoo! Dividend raised.
"increase in the quarterly dividend from $0.31 to $0.34 per share "

That stretches the string of raises to 27 years.

Disclosure: Long MKC

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