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| Reminder - McCormick & Co., Inc. (MKC) Goes Ex-Dividend SoonBy Dividend Channel Staff, Wednesday, December 26, 11:50 AM ET
On 12/27/12, McCormick & Co., Inc. (NYSE:MKC) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 1/14/13. As a percentage of MKC's recent stock price of $63.98, this dividend works out to approximately 0.53%, so look for shares of McCormick & Co., Inc. to trade 0.53% lower — all else being equal — when MKC shares open for trading on 12/27/12. Below is a dividend history chart for MKC, showing historical dividends prior to the most recent $0.34 declared by McCormick & Co., Inc.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MKC is likely to continue, and whether the current estimated yield of 2.13% on annualized basis is a reasonable expectation of annual yield going forward. Special Offer: Find out what Frank Bifulco is holding in the Dividend OverDrive Portfolio with a free 30 day trial and a 20% off coupon from Forbes
According to the ETF Finder at ETF Channel, MKC makes up 1.39% of the Dynamic Consumer Staples Sector Portfolio ETF (AMEX:PSL) which is trading relatively unchanged on the day Wednesday. See what other ETFs contain MKC » In Wednesday trading, McCormick & Co., Inc. shares are currently down about 0.4% on the day.
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