McCormick Announces Increase In Quarterly Dividend
SPARKS, Md., Nov. 27, 2012 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (MKCV) (NYSE:MKC) today declared an increase in the quarterly dividend from $0.31 to $0.34 per share on its common stocks, payable January 14, 2013 to shareholders of record December 31, 2012. This marks the 27th 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 a 12% compound annual growth rate."
McCormick & Company, Incorporated is a global leader in flavor. With more than $3.5 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".
To learn more please visit us at www.mccormickcorporation.com.
For information contact:
Joyce Brooks (410) 771-7244 or firstname.lastname@example.org
Lori Robinson (410) 527-6004 or email@example.com
SOURCE McCormick & Company, Incorporated