Dividend Aristocrats In Focus Part 38: McCormick

11/13/17

In order to become a Dividend Aristocrat, a company must have a strong brand and dominant industry position.

The Dividend Aristocrats are a group of 51 companies in the S&P 500 Index, with 25+ consecutive years of dividend increases. You can see all 51 Dividend Aristocrats here.

A perfect example of a Dividend Aristocrat with an industry-leading brand, is consumer products company McCormick & Company (MKC). McCormick has increased its dividend for 31 years in a row.

Its dividend growth streak is due to its high-quality business. McCormick is the global leader in food spices, seasonings, and flavors.

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