McCormick & Company declared a quarterly dividend of $0.48 per share on its common stock, payable July 20 to shareholders of record on July 6. The company noted this marks its 102nd consecutive year of dividend payments. The regular corporate payout can generally qualify for preferential dividend tax treatment when shareholder-level requirements are met, giving McCormick a cleaner tax-efficiency profile than many income vehicles with ordinary-income or pass-through-style payouts.
McCormick & Company IncorporatedDeclares quarterly dividend of $0.48 per share, marking 102nd consecutive year of payments.