McCormick & Co., Inc. (MKC) Stock Split History

McCormick & Co., Inc. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on March 21, 1972 with the ratio of 2-for-1, meaning that for 1 share of MKC owned pre-split, shareholders then owned 2 shares. 6 more splits have been implemented since then. The most recent stock split took place on December 01, 2020 on a 2-for-1 basis.

These splits have increased MKC stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on McCormick & Co., Inc.'s total market capitalization.

For more detailed information of McCormick & Co., Inc.'s stock splits, view the table below:

MKC stock split list

Date	Split Ratio
2020-12-01	2 - for - 1
2002-04-09	2 - for - 1
1992-01-21	2 - for - 1
1990-01-22	2 - for - 1
1988-04-28	2 - for - 1
1977-03-22	2 - for - 1
1972-03-21	2 - for - 1

Will McCormick & Co., Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. McCormick & Co., Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MKC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by McCormick & Co., Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
GIS	2010-06-09	2 - for - 1
K	1997-08-25	2 - for - 1
MKC	2020-12-01	2 - for - 1
HRL	2016-02-10	2 - for - 1
CAG	1997-10-02	2 - for - 1
CPB	1997-03-18	2 - for - 1
SJM	2002-06-03	86 - for - 91
PPC	1999-08-02	3 - for - 2
INGR	2005-01-26	2 - for - 1
DAR	1997-11-10	3 - for - 1
BRFS	2010-04-08	4 - for - 1
LANC	1998-01-28	3 - for - 2
FLO	2013-06-20	3 - for - 2
CENT	2024-02-09	5 - for - 4