March 6, 2002 at 12:02 PM EST

McCormick Declares 21 Cents Quarterly Dividend

SPARKS, Md., Mar 6, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared a quarterly dividend of 21 cents (10.5 cents post-split) per share on its common stocks payable April 12, 2002, to shareholders of record on March 25.

On February 19, the Board announced a 2-for-1 split of both classes of its common stock. The stock split will be effected on April 8, 2002, by distribution of one new share held of record at close of business on March 25.

This is the 78th year of consecutive dividend payments by the Company.

McCormick is the international producer of spices, seasonings, flavorings, and specialty foods.

SOURCE McCormick & Company, Incorporated

CONTACT:
McCormick & Company Corporate
Communications, +1-410-771-7310
URL: http://www.mccormick.com

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