McCormick Announces Record Increase in Quarterly Dividend for Shareholders

McCormick & Company Boosts Quarterly Dividend

On November 18, 2025, McCormick & Company, Incorporated, renowned for its global leadership in flavor products, declared an increase in its quarterly dividend. The Board of Directors cleared an increase from $0.45 to $0.48 per share for its common stock. The new dividend is set to be paid on January 12, 2026, for shareholders recorded by December 29, 2025. This marks a significant milestone for the company as it celebrates its 102nd consecutive year of dividend payments and the 40th year of annual increases.

Brendan M. Foley, Chairman, President, and CEO of McCormick, expressed pride in this achievement, stating, "McCormick is flavor. As we advance our leadership and differentiation, we remain confident in the fundamentals of our business and ability to deliver long-term shareholder value. We are proud to be recognized as a Dividend Aristocrat, reflecting our long-standing history of returning cash to shareholders. Today, I am pleased to announce another increase to our dividend."

McCormick has maintained an unbroken record of paying dividends each year since 1925, earning its place among the coveted S&P 500 Dividend Aristocrats Index. This showcases the company’s strong commitment to returning capital to its shareholders, an essential aspect of its financial strategy.

A Legacy of Flavor and Growth

Founded in 1889 and headquartered in Hunt Valley, Maryland, McCormick operates as a global leader in flavor with more than $6.7 billion in annual sales across 150 countries and territories. The company specializes in manufacturing, marketing, and distributing an array of flavor enhancers, including herbs, spices, seasonings, condiments, and flavoring solutions tailored for the food and beverage industry.

Among McCormick’s well-known brands are McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, and many others, which cater to diverse consumer preferences, enhancing the flavor of meals across various cultures. This broad array of products positions McCormick uniquely to meet the growing consumer demand for flavor in foods and beverages, ensuring sustainable growth within its business operations.

The company operates through two interconnected segments: Consumer and Flavor Solutions. This dual approach not only bolsters their market presence but also consolidates their capabilities to provide innovative and flavorful products, equipping them to perform effectively in a competitive market. The insights and technology derived from both segments are pivotal in driving sustainable growth, allowing McCormick to navigate the evolving consumer landscape.

A Commitment to Sustainability and Flavor

McCormick’s guiding principles align closely with its corporate purpose: "To Stand Together for the Future of Flavor." The company envisions a world united by flavor, where delightful, healthy, and sustainable dining experiences coexist harmoniously.

This commitment is evident not just in its shareholder returns but also in sustainable practices aimed at reducing the environmental impact of its operations. As consumers increasingly demand responsible sourcing and eco-friendly products, McCormick is strategically positioning itself to meet and exceed these expectations, enhancing brand loyalty and customer engagement.

For further information, McCormick encourages enthusiasts to visit their official website or follow the company on social platforms like Instagram and LinkedIn, where they regularly update followers about product innovations and corporate initiatives.

As McCormick continues to pioneer in flavor enhancement and shareholder value, its recent dividend hike serves as a testament to its enduring legacy and commitment to excellence in every aspect of its operations.