McCormick Announces Increase in Quarterly Dividend

SPARKS, Md., Nov 25, 2008 (BUSINESS WIRE) -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared a 9% increase in the quarterly dividend from $0.22 to $0.24 per share on its common stocks, payable January 16, 2009 to shareholders of record December 31, 2008.

Said Alan D. Wilson, President & CEO, "Dividends are one of the important ways to deliver value to our shareholders. In the last 10 years we have tripled the dividend and are committed to further dividend growth. Our dividend reflects the success of our business and our strong cash generation."

McCormick has paid dividends every year since 1925 and has increased the dividend in each of the last 22 years.

About McCormick & Company, Incorporated

McCormick & Company, Incorporated is a global leader in the manufacture, marketing and distribution of spices, seasonings and flavors to the entire food industry - retail outlets, food manufacturers and food service businesses.

SOURCE: McCormick & Company, Incorporated

McCormick & Company, Incorporated
Corporate Communications
John McCormick, 410-771-7110
john_mccormick@mccormick.com