McKesson Corporation

MCK
Healthcare
$858.90
0.29%Overvalued

McKesson Corporation (MCK) is a Healthcare company that currently yields 0.29% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $208.70 and the overvaluation threshold at $717.18. McKesson Corporation holds a quality score of 40/100 (Average), reflecting 14 consecutive years of dividend growth with a 9% payout ratio. The 5-year dividend CAGR stands at -5.0%.

MCK Dividend Yield History — Weiss Valuation

Underval. $208.70Overval. $717.18

Distance to undervalued

Entry price is stretched

Needs 75.7% downside to reach the Weiss buy zone

Undervaluation starts near $208.70, where the annual dividend would imply roughly 1.19% yield. That is 0.90% above today's yield.

Buy-zone price

$208.70

Target yield

1.19%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

9%

Earnings coverage leaves room for noise.

Cash payout

6%

Free cash flow coverage supports the payment.

Dividend growth

-5.0%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

McKesson Corporation is trading near its historical overvaluation band.

Current yield 0.3% vs historical max 1.2% (25% of maximum).

Recent dividend history shows no sustained growth streak.

Conservative payout ratio of 9%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 40/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

MCK Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$29

Year 10 Income

$30

Yield on Cost

0.3%

Total Income

$293

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

See what MCK dividends you actually received with Sharesight

Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

Sharesight ↗

MCK Dividend Quality Score

Quality Score

40/ 100

Average

Payout Ratio25/25
Dividend Streak0/25
Growth (CAGR 5Y)0/20
Yield vs History0/15
FCF Coverage15/15

Key Metrics

Current Price$858.90
Annual Dividend$2.48
Current Yield0.29%
Yield — Max (10Y)1.16%
Yield — Min (10Y)0.40%
Undervalued Below$208.70
Overvalued Above$717.18
Payout Ratio8.80%
CAGR Dividend 5Y-5.0%
CAGR Dividend 10Y2.6%
Years No Cut

Invest in MCK

Check McKesson Corporation availability and current costs on eToro

Check eToro terms and availability →
Fractional sharesFees vary by countryCapital at risk

DividendVisual may earn a commission if you open an account via this link, at no cost to you. Capital at risk. Not financial advice.

14
consecutive years of dividend growth