Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026)
Mccormick's (MKC) quarterly Dividend Coverage Ratio came in at 1.14 in Q2 2026, down 11.29% on a YoY basis from 1.29 in Q2 2025, and up 7.85% quarter-over-quarter from 1.06 in Q1 2026.
Analysis
Mccormick (MKC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Dividend Coverage Ratio for 18 consecutive years, with 1.14 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio fell 11.29% year-over-year to 1.14; the trailing twelve-month figure through May 2026 stood at 1.38 (down 6.91% YoY), and the FY2025 full-year result was 1.46, down 6.16% from the prior year.
- Dividend Coverage Ratio grew to 1.14 in Q2 2026 per MKC's latest filing, from 1.06 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 2.17 in Q3 2022 and bottomed at 1.06 in Q1 2026.
- Historically, Dividend Coverage Ratio has averaged 1.47 across 5 years, with a median of 1.48 in 2022.
- The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio plunged 38.27% in 2022, then advanced 24.4% in 2023.
- Over 5 years, Dividend Coverage Ratio stood at 1.67 in 2022, then climbed by 6.44% to 1.78 in 2023, then dropped by 8.3% to 1.63 in 2024, then retreated by 0.94% to 1.62 in 2025, then decreased by 29.4% to 1.14 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.14, 1.06, and 1.62 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.61 Bn | 26.93 Bn | 2.03 Bn | -11.49 |
| 2 | General Mills | 20.38 Bn | 19.93 Bn | 1.60 Bn | -6.07 |
| 3 | Mccormick | 14.00 Bn | 13.66 Bn | 778.20 Mn | 1.14 |
| 4 | J M Smucker | 13.38 Bn | 13.34 Bn | 979.60 Mn | 2.78 |
| 5 | Hormel Foods | 11.67 Bn | 10.80 Bn | 471.52 Mn | 0.37 |
| 6 | Chewy | 9.63 Bn | 9.11 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.34 Bn | 7.12 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.88 Bn | 6.81 Bn | 361.40 Mn | 2.03 |
| 9 | Campbell'S | 6.47 Bn | 6.07 Bn | 650.00 Mn | 1.06 |
| 10 | Post Holdings | 3.73 Bn | 3.47 Bn | 566.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.14 |
| Feb 28, 2026 | 1.06 |
| Nov 30, 2025 | 1.62 |
| Aug 31, 2025 | 1.73 |
| May 31, 2025 | 1.29 |
| Feb 28, 2025 | 1.20 |
| Nov 30, 2024 | 1.63 |
| Aug 31, 2024 | 1.82 |
| May 31, 2024 | 1.49 |
| Feb 29, 2024 | 1.28 |
| Nov 30, 2023 | 1.78 |
| Aug 31, 2023 | 1.50 |
| May 31, 2023 | 1.36 |
| Feb 28, 2023 | 1.20 |
| Nov 30, 2022 | 1.67 |
| Aug 31, 2022 | 2.17 |
| May 31, 2022 | 1.09 |
| Feb 28, 2022 | 1.47 |
| Nov 30, 2021 | 1.93 |
| Aug 31, 2021 | 2.24 |