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McCormick & Company, Incorporated reports developments in its global flavor business, which manufactures, markets and distributes herbs, spices, seasonings, condiments and flavors for retailers, food manufacturers and foodservice customers. Its portfolio includes brands such as McCormick, French's, Frank's RedHot, OLD BAY, Zatarain's, Cholula, Lawry's, Stubb's and Thai Kitchen, with operations organized around Consumer and Flavor Solutions.
Recurring McCormick news includes quarterly and annual operating results, sales and margin commentary, outlook updates, dividend declarations, analyst and investor presentations, brand investment, innovation, distribution activity, portfolio review and capital-structure matters.
McCormick & Company (NYSE: MKC) announced a quarterly dividend of $0.62 per share, payable on July 20, 2020, to shareholders recorded by July 6, 2020. This reflects a 9% increase from the previous annual dividend of $2.28 per share. McCormick has a strong history of consistent dividends, marking its 96th year of consecutive payments. The company reported $5.3 billion in annual sales, specializing in spices, seasoning mixes, and condiments.