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McKesson (MCK) Dividend Yield, Date & History

McKesson logo
$579.74 +0.52 (+0.09%)
(As of 12/20/2024 05:31 PM ET)

McKesson Dividend Summary

Dividend Yield
0.49%
Annual Dividend
$2.84
Next
Dividend Payment
Jan. 2
Dividend Increase
Track Record
17 Years
Annualized 3-Year
Dividend Growth
11.80%
Dividend Payout Ratio
14.71%

McKesson (MCK) pays an annual dividend of $2.84 per share, with a dividend yield of 0.49%. The next quarterly payment of $0.71 per share is scheduled for Thursday, January 2, to investors who owned the stock before the ex-dividend date of Monday, December 2. MCK has grown its dividend for 17 consecutive years, with an average annual increase of 3.79%. The company currently pays out 14.71% of its earnings and 8.61% of its cash flow as dividends.

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MCK Dividend Payments by Quarter

The chart below displays up to four years of McKesson's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MCK Dividend Yield Over Time

The chart below tracks McKesson's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

McKesson vs. The Competition

Compare McKesson's annual dividend, yield, and 3-year growth rate with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeMcKessonMedical CompaniesNYSE Companies
Annual Dividend$2.84$0.05$1.39
Dividend Yield0.49%4.87%3.58%
Annualized 3-Year Dividend Growth11.80%16.19%15.78%
Track Record17 years23 years24 years

McKesson Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings14.71%
Based on This Year's Estimate8.68%
Based on Next Year's Estimate7.75%
Based on Cashflow8.61%

McKesson Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/31/2024quarterly$0.71 - 0.57%12/2/202412/2/20241/2/2025
8/1/2024quarterly$0.71+$0.09
14.52%
0.46%8/30/20249/2/202410/1/2024
4/24/2024quarterly$0.62 - 0.47%6/3/20246/3/20247/1/2024
2/1/2024quarterly$0.62 - 0.5%2/29/20243/1/20244/1/2024
10/26/2023quarterly$0.62 - 0.55%11/30/202312/1/20231/2/2024
7/24/2023quarterly$0.62+$0.08
14.81%
0.6%8/31/20239/1/202310/2/2023
4/27/2023quarterly$0.54 - 0.6%5/31/20236/1/20237/3/2023
1/26/2023quarterly$0.54 - 0.57%2/28/20233/1/20234/3/2023

This table shows McKesson's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

McKesson Dividend - Frequently Asked Questions

The current dividend yield for McKesson is 0.49%. Learn more on MCK's dividend yield history.

The annual dividend for MCK shares is $2.84. Learn more on MCK's annual dividend history.

McKesson pays quarterly dividends to shareholders.

McKesson's next quarterly dividend payment of $0.71 per share will be made to shareholders on Thursday, January 2, 2025.

McKesson's most recent quarterly dividend payment of $0.71 per share was made to shareholders on Tuesday, October 1, 2024.

McKesson's most recent ex-dividend date was Monday, December 2, 2024.

Over the past three years, the company's dividend has grown by an average of 11.80% per year.

McKesson has increased its dividend for the past 17 consecutive years.

The most recent change in the company's dividend was an increase of $0.09 on Thursday, August 1, 2024.

The dividend payout ratio for MCK is:
  • 14.71% based on the trailing year of earnings
  • 8.68% based on this year's estimates
  • 7.75% based on next year's estimates
  • 8.61% based on cash flow

McKesson's dividend yield of 0.50% is lower than the average Medical company that issues a dividend. The company's 17 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. McKesson's dividend payout ratio of 14.71% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate McKesson stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:MCK) was last updated on 12/21/2024 by MarketBeat.com Staff
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