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McCormick Value Stock - Dividend - Research Selection

Mccormick

ISIN: US5797802064 , WKN: 858250

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Description of the company

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates through two segments, Consumer and Industrial. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank\'s RedHot, Lawry\'s, Club House, Gourmet Garden, OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain\'s, Stubb\'s, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors or wholesalers. The Industrial segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is based in Sparks, Maryland.

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NEWS


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2026-07-07
In late June 2026, McCormick & Company reported second-quarter sales of US$1,936.6 million with lower quarterly earnings per share, completed a long-running US$800.94 million buyback program, affirmed its US$0.48 quarterly dividend, and was shifted from Russell 1000 Defensive and Value-Defensive indexes into the Russell 1000 Dynamic Index. This combination of changing index classifications and mixed earnings, higher sales but softer quarterly profitability, highlights how investors may be...

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The spice and ingredients maker plans to use the returned funds to help mitigate higher logistics and material costs tied to the conflict.

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