McCormick & Company, Incorporated (MKC) DRIP Calculator — Project Your Dividend Income
McCormick & Company, Incorporated (MKC) currently yields 4.1% with a 5-year dividend CAGR of approximately 7.6%. This calculator is pre-filled with those values so you can project exactly how much annual income a MKC DRIP investment would generate over your target horizon.
Build your income projection
Compare reinvesting every dividend with taking the same payments in cash.
Year 1 income
$418
With DRIP
Year 20 income
$9,024
$7,375 more than cash
Capital contributed
$10,000
Initial + monthly deposits
Final yield on cost
90.2%
On all contributed capital
| Year | Contributed | With DRIP | Without DRIP | Income lift |
|---|---|---|---|---|
| 1 | $10,000 | $418 | $410 | +$8 |
| 5 | $10,000 | $677 | $550 | +$127 |
| 10 | $10,000 | $1,359 | $793 | +$566 |
| 15 | $10,000 | $3,153 | $1,143 | +$2,010 |
| 20 | $10,000 | $9,024 | $1,649 | +$7,375 |
Total dividends generated with DRIP: $49,734
Total dividends taken as cash: $17,953
Illustrative model: contributions are invested monthly, dividends are modeled monthly, dividend growth is applied annually, and share price remains constant. Taxes, fees, price changes, and dividend cuts are excluded.
Read the full MKC dividend analysis: