McCormick & Company yesterday [Wednesday] declared a quarterly dividend of 21 cents (10.5 cents post-split) per share on its common stocks.
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The board of directors revealed that the divident will be payable 12 April 2002, to shareholders of record on 25 March.
On 19 February, the board announced a 2-for-1 split of both classes of its common stock. The stock split will be effected on 8 April 2002, by distribution of one new share held of record at close of business on 25 March.
This is the 78th year of consecutive dividend payments by McCormick & Co.
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