Dividends4Life: McCormick (NYSE: MKC) Firm Grip On Its Industry

McCormick (NYSE: MKC) Firm Grip On Its Industry

Posted by D4L | Wednesday, January 18, 2012 | | 0 comments »

An easy way for investors to diverge from their particular comfort sector is to take an investing concept that works for them and work backward toward a company. Dividend investing is a great example of this. It is easy to run screens, or even Google searches, to find the top dividend-paying companies. Though a 2.5% yield is not necessarily anything to write home about, I really like McCormick (NYSE: MKC) in this case.

The spice and seasoning giant has a firm grip on its industry and is experiencing solid growth, at home and abroad, through brand acquisition. The company has an 87-year dividend history and raised its dividend by 11% at the end of November. This is a dividend stock that may not blow investors away, but performs consistently and is committed to dividend growth.

Source: Motley Fool

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