McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment serves biopharma and life sciences partners and patients to address medication challenges for patients throughout their journeys; connects pharmacies, providers, payers, and biopharma companies to deliver innovative access and adherence solutions; and provides third-party logistics and wholesale distribution support solutions. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.
McKesson Dividend Announcement
• McKesson announced a quarterly dividend of $0.71 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-02
• McKesson annual dividend for 2024 was $2.66
• McKesson annual dividend for 2023 was $2.32
• McKesson's trailing twelve-month (TTM) dividend yield is 0.53%
• McKesson's payout ratio for the trailing twelve months (TTM) is 9.84%
• McKesson's dividend growth over the last five years (2018-2023) was 9.71% year
• McKesson's dividend growth over the last ten years (2013-2023) was 10.18% year
McKesson Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.71 | quarterly | 2025-01-02 |
2024-08-30 | $0.71 | quarterly | 2024-10-01 |
2024-06-03 | $0.62 | quarterly | 2024-07-01 |
2024-02-29 | $0.62 | quarterly | 2024-04-01 |
2023-11-30 | $0.62 | quarterly | 2024-01-02 |
2023-08-31 | $0.62 | quarterly | 2023-10-02 |
2023-05-31 | $0.54 | quarterly | 2023-07-03 |
2023-02-28 | $0.54 | quarterly | 2023-04-03 |
2022-11-30 | $0.54 | quarterly | 2023-01-03 |
2022-08-31 | $0.54 | quarterly | 2022-10-03 |
2022-05-31 | $0.47 | quarterly | 2022-07-01 |
2022-02-28 | $0.47 | quarterly | 2022-04-01 |
2021-11-30 | $0.47 | quarterly | 2022-01-03 |
2021-08-31 | $0.47 | quarterly | 2021-10-01 |
2021-05-28 | $0.42 | quarterly | 2021-07-01 |
2021-03-01 | $0.42 | quarterly | 2021-04-01 |
2020-11-30 | $0.42 | quarterly | 2021-01-04 |
2020-08-31 | $0.42 | quarterly | 2020-10-01 |
2020-05-29 | $0.41 | quarterly | 2020-07-01 |
2020-02-28 | $0.41 | quarterly | 2020-04-01 |
2019-11-29 | $0.41 | quarterly | 2020-01-02 |
2019-08-30 | $0.41 | quarterly | 2019-10-01 |
2019-05-31 | $0.39 | quarterly | 2019-07-01 |
2019-02-28 | $0.39 | quarterly | 2019-04-01 |
2018-11-30 | $0.39 | quarterly | 2019-01-02 |
2018-08-31 | $0.39 | quarterly | 2018-10-01 |
2018-05-31 | $0.34 | quarterly | 2018-07-02 |
2018-02-28 | $0.34 | quarterly | 2018-04-02 |
2017-11-30 | $0.34 | quarterly | 2018-01-02 |
2017-08-30 | $0.34 | quarterly | 2017-10-02 |
2017-06-01 | $0.28 | quarterly | 2017-07-03 |
2017-02-27 | $0.28 | quarterly | 2017-04-03 |
2016-11-29 | $0.28 | quarterly | 2017-01-02 |
2016-08-30 | $0.28 | quarterly | 2016-10-03 |
2016-06-02 | $0.28 | quarterly | 2016-07-01 |
2016-02-26 | $0.28 | quarterly | 2016-04-01 |
2015-11-27 | $0.28 | quarterly | 2016-01-04 |
2015-08-28 | $0.28 | quarterly | 2015-10-01 |
2015-06-04 | $0.24 | quarterly | 2015-07-01 |
2015-02-26 | $0.24 | quarterly | 2015-04-01 |
2014-11-26 | $0.24 | quarterly | 2015-01-02 |
2014-08-28 | $0.24 | quarterly | 2014-10-01 |
2014-06-05 | $0.24 | quarterly | 2014-07-01 |
2014-02-27 | $0.24 | quarterly | 2014-04-01 |
2013-11-27 | $0.24 | quarterly | 2014-01-02 |
2013-08-29 | $0.24 | quarterly | 2013-10-01 |
2013-06-05 | $0.20 | quarterly | 2013-07-01 |
2013-02-27 | $0.20 | quarterly | 2013-04-01 |
McKesson Dividend per year
McKesson Dividend growth
McKesson Dividend Yield
McKesson current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing McKesson stock? Use our calculator to estimate your expected dividend yield:
McKesson Financial Ratios
McKesson Dividend FAQ
Other factors to consider when evaluating McKesson as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: McKesson's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, McKesson publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, McKesson distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from McKesson are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: McKesson sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, McKesson distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: McKesson declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of McKesson's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review McKesson's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.