McCormick Announces Increase in Quarterly
Dividend
Dividend
SPARKS, Md., Nov 22, 2011 (BUSINESS WIRE) --
The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.28 to $0.31 per share on its common stocks, payable January 13, 2012 to shareholders of record December 30, 2011. This marks the 26th consecutive year that the Company has increased its quarterly dividend.
Alan D. Wilson, Chairman, President & CEO, said, "Each year since 1925, McCormick shareholders have participated in the Company's success through dividend payments. We are delivering high performance and in the past decade, have increased the dividend at an 11% compound annual growth rate."
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. With more than $3 billion in annual sales, the Company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry - retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings Passion to Flavor.(TM) To learn more please visit us at www.mccormickcorporation.com.
SOURCE: McCormick & Company, Incorporated
McCormick & Company, Incorporated
Corporate Communications:
Lori Robinson, 410-527-6004
lori_robinson@mccormick.com