McCormick, US5797802064

McCormick stock gains 1.08 percent as dividend date nears

Published on 09/29/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

McCormick stock trades 8.12 percent above its 52-week low on September 28, 2026. Deutsche Bank keeps a buy rating after cutting its target to USD 59.00.

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McCormick stock (ISIN US5797802064) was last at USD 48.46 on the NYSE on September 28, 2026, up 1.08 percent from the prior close of USD 47.94. The company declared a USD 0.48 quarterly dividend on September 24, 2026, while its next financial report is scheduled for October 1, 2026.

Dividend sets the next date

According to Yahoo Finance on September 24, 2026, McCormick will pay the USD 0.48 dividend on October 26, 2026, to shareholders of record on October 13, 2026. The payment date gives income-focused shareholders a concrete checkpoint before the company reports its third-quarter results.

McCormick said in a release dated August 31, 2026, that it will publish its 2026 third-quarter results on October 1, 2026, at 8:00 a.m. ET. That date is the next major company-specific event for the stock.

Quarterly beat meets guidance

In the quarter reported June 25, 2026, McCormick posted adjusted EPS of USD 0.80 versus consensus of USD 0.69 and revenue of USD 1.94 billion versus estimates of USD 1.91 billion, according to MarketBeat. Revenue increased 16.70 percent year over year, while fiscal 2026 adjusted EPS guidance stood at USD 3.05 to USD 3.13.

The comparison matters because the revenue beat and higher adjusted EPS came alongside a full-year range rather than a single-point forecast. For the October report, the key test is whether McCormick can sustain that operating progress after the second-quarter result.

Analysts keep a cautious target

MarketBeat reported on September 24, 2026, that Deutsche Bank reduced its target from USD 60.00 to USD 59.00 while retaining a buy rating. The same report put the consensus rating at Hold and the average target at USD 59.80, which is USD 11.34 above the September 28 price.

The yearly range remains wide

McCormick stock was 8.12 percent above its 52-week low of USD 44.82 and 33.07 percent below its 52-week high of USD 72.41 on September 28, 2026. The stock's market capitalization was USD 13.0 billion and volume was 3,165,446 shares on that session.