This Is How the AI Bull Market Ends
The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.
About McCormick & Company, Incorporated
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. 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, Gourmet Garden, Club House, and 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 Flavor Solutions 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. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
General
| Name | McCormick & Company, Incorporated |
| Ticker | MKC |
| Exchange | NYSE |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 13,000 |
Highlights
| Analyst Target | 92.06 |
| Market Cap | 22,941,763,584 |
| PE Ratio | 29.05 |
| PEG Ratio | 4.60 |
| EBITDA | 1,181,400,064 |
Share Stats
| Shares Outstanding | 248,696,000 |
| Shares Float | 262,324,835 |
| Shares Short | 5,256,092 |
| Insider Holdings | 22% |
| Institution Holdings | 83.22% |
Highlights
| Analyst Target | 92.06 |
| Market Cap | 22,941,763,584 |
| PE Ratio | 29.05 |
| PEG Ratio | 4.60 |
| EBITDA | 1,181,400,064 |
Valuation
| Trailing PE | 30.91 |
| Forward PE | 29.07 |
| Price/Sales (Trailing 12 Mt.) | 4.12 |
| Price/Book (Most Recent Quarter) | 5.84 |
Dividend
McCormick & Company, Incorporated pays out a dividend of $1.24 per share, with a dividend yield of 2.04%.
MKC's last dividend payment was made to shareholders on January 11, 2021.
They pay out 55.83% of their earnings out as a dividend.
Recent Dividends
| Jul 22, 2024 | $0.42 |
| Apr 22, 2024 | $0.42 |
| Jan 8, 2024 | $0.42 |
| Oct 24, 2023 | $0.39 |
| Jul 24, 2023 | $0.39 |
| Apr 24, 2023 | $0.39 |
| Jan 9, 2023 | $0.39 |
| Oct 25, 2022 | $0.37 |
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