McCormick & Company, Incorporated
MKCMcCormick & Company, Incorporated (MKC) is a Consumer Defensive company that currently yields 3.89% — historically undervalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $73.36 and the overvaluation threshold at $119.53. McCormick & Company, Incorporated holds a quality score of 75/100 (Good), reflecting 25 consecutive years of dividend growth with a 30% payout ratio. The 5-year dividend CAGR stands at 7.6%.
MKC Dividend Yield History — Weiss Valuation
Distance to undervalued
In undervalued territory
Price sits 34.8% below the Weiss buy zone ceiling
The current yield already clears the historical undervaluation threshold. The next question is whether the dividend quality and payout profile deserve that higher yield.
Zone ceiling
$73.36
Current yield
3.89%
Research checklist
What to clear before buying the yield
Updated May 25, 2026
Dividend durability
25YLong dividend history supports a deeper look.
Earnings payout
30%Earnings coverage leaves room for noise.
Cash payout
131%Confirm cash conversion and one-off effects.
Dividend growth
7.6%Recent growth adds income compounding potential.
What changed
What changed since the last update
2026-05-23 → 2026-05-25
No major change in signal, yield, price, quality, or payout since the last update.
Why Now?
McCormick & Company, Incorporated is trading near its historical undervaluation band.
Current yield 3.9% vs historical max 2.7% (142% of maximum).
14 consecutive years without a dividend cut.
Conservative payout ratio of 30%.
What matters now
Read the signal before the headline yield
Valuation is the invitation here: the yield is elevated versus its own history.
The 75/100 quality score calls for selective follow-up, not autopilot.
Free cash flow payout is above 100%, so cash coverage is the first risk to unpack.
MKC Dividend Income Projection — DRIP Compounder
Dividend Compounder (DRIP)
Year 1 Income
$419
Year 10 Income
$1,334
Yield on Cost
14.42%
Total Income
$7,814
Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.
More research
Full price history & technical analysis
TradingView ↗Fundamentals, valuation & analyst ratings
FinViz ↗Moat rating & analyst fair value
Morningstar ↗MKC Dividend Quality Score
Quality Score
Good
Key Metrics
MKC is historically undervalued. Ready to add it to your portfolio?
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In-depth analysis
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