Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026)
Mccormick's Dividend Coverage Ratio came in at 0.76 for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 59.5% from 1.87 a year earlier and down 35.0% from the prior quarter.
Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Mccormick reported Dividend Coverage Ratio of 2.94, up 79.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 1.63, down 6.5% from FY2024.
- Going back by fiscal year, Dividend Coverage Ratio was 1.75 in FY2024 (+7.5%), 1.63 in FY2023 (-5.4%), 1.72 in FY2022 (-17.3%) and 2.08 in FY2021 (-8.2%).
- The fiscal Q3 2026 figure represents the lowest quarterly Dividend Coverage Ratio in data going back to fiscal Q4 2009.
- Year-over-year, Dividend Coverage Ratio increased in 1 of the last eight quarters, with growth averaging 46.4%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q1 2026 (growth of 486.3%), and the weakest in fiscal Q3 2026 (a decline of 59.5%).
- Business Quant data shows MKC's Dividend Coverage Ratio at 1.16 (Q2 2026), 7.88 (Q1 2026) and 1.88 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 142.47 Bn | 93.93 Bn | - | - |
| 2 | Mondelez International | 82.20 Bn | 75.47 Bn | 3.99 Bn | - |
| 3 | Hershey | 34.19 Bn | 30.44 Bn | 1.26 Bn | 1.60 |
| 4 | Kraft Heinz | 28.23 Bn | 14.65 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.93 Bn | 15.58 Bn | 1.49 Bn | 1.20 |
| 6 | J M Smucker | 13.85 Bn | 13.63 Bn | 979.60 Mn | 2.78 |
| 7 | Mccormick | 12.79 Bn | 11.85 Bn | 794.90 Mn | 0.76 |
| 8 | Hormel Foods | 11.28 Bn | 7.95 Bn | 471.52 Mn | 0.37 |
| 9 | Chewy | 8.73 Bn | 6.01 Bn | 1.01 Bn | - |
| 10 | Lamb Weston Holdings | 7.38 Bn | 7.00 Bn | 266.50 Mn | 0.56 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.76 |
| May 31, 2026 | 1.16 |
| Feb 28, 2026 | 7.88 |
| Nov 30, 2025 | 1.88 |
| Aug 31, 2025 | 1.87 |
| May 31, 2025 | 1.45 |
| Feb 28, 2025 | 1.34 |
| Nov 30, 2024 | 1.91 |
| Aug 31, 2024 | 1.98 |
| May 31, 2024 | 1.63 |
| Feb 29, 2024 | 1.47 |
| Nov 30, 2023 | 2.09 |
| Aug 31, 2023 | 1.63 |
| May 31, 2023 | 1.45 |
| Feb 28, 2023 | 1.33 |
| Nov 30, 2022 | 1.87 |
| Aug 31, 2022 | 2.24 |
| May 31, 2022 | 1.19 |
| Feb 28, 2022 | 1.56 |
| Nov 30, 2021 | 2.17 |
Mccormick Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "MKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();