McCormick & Company, Incorporated (MKC) Set to Announce Earnings on Tuesday
McCormick & Company, Incorporated (NYSE:MKC) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, January 23rd. Analysts expect McCormick & Company, Incorporated to post earnings of $1.51 per share for the quarter.
Shares of McCormick & Company, Incorporated (NYSE:MKC) opened at $101.01 on Tuesday. The company has a quick ratio of 0.47, a current ratio of 0.95 and a debt-to-equity ratio of 1.86. McCormick & Company, Incorporated has a 12 month low of $90.25 and a 12 month high of $106.50. The company has a market capitalization of $13,250.00, a PE ratio of 27.98, a price-to-earnings-growth ratio of 2.28 and a beta of 0.53.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from McCormick & Company, Incorporated’s previous quarterly dividend of $0.47. This represents a $2.08 dividend on an annualized basis and a yield of 2.06%. McCormick & Company, Incorporated’s dividend payout ratio (DPR) is 57.62%.
In other news, Director Maritza Gomez Montiel sold 2,500 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $96.26, for a total value of $240,650.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael D. Mangan sold 5,000 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $99.50, for a total value of $497,500.00. Following the sale, the director now directly owns 18,825 shares in the company, valued at $1,873,087.50. The disclosure for this sale can be found here. 15.30% of the stock is currently owned by corporate insiders.
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About McCormick & Company, Incorporated
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company’s segments include consumer and industrial. The Company is involved in the manufacturing and sales of flavorful products.
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