Company: McCormick & Company Inc. (MKC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick’s customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm’s portfolio includes Old Bay, Zatarain’s, Thai Kitchen, Frank’s RedHot, French’s, and Cholula, among others. -Morningstar.com-
Symbol: MKC
Recent Price: $77.20
Dividends: $1.68
Yield: 2.18%
Sector: Consumer Defensive
Industry: Packaged Foods
Address & Company Phone #: 24 Schilling Rd. Ste. 1 Hunt Valley MD 21031, 410-771-7301
Transfer Agent: Equiniti Group plc. 877-778-6784
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $50,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 6¢/sh. Cash: 6¢/sh. Cert: $0 Sells: by Mail or Fax for $15+12¢/sh.
52 Week High & Low: $94.39, $59.13