Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026)
Mccormick's Dividend Coverage Ratio came in at 1.16 for fiscal Q2 2026 (quarter ended May 31, 2026), down 19.7% from 1.45 a year earlier and down 85.2% from the prior quarter.
Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Mccormick reported Dividend Coverage Ratio of 3.24, up 95.1% 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 Q2 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 two of the last eight quarters, with growth averaging 56.5%.
- 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 Q2 2022 (a decline of 41.0%).
- Business Quant data shows MKC's Dividend Coverage Ratio at 7.88 (Q1 2026), 1.88 (Q4 2025) and 1.87 (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn | - |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn | 1.60 |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn | 1.20 |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn | 1.16 |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn | 2.78 |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn | 0.37 |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn | - |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 2.34 |
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();