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MCK (McKesson) 3-Year Dividend Growth Rate : 12.80% (As of Jun. 2024)


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What is McKesson 3-Year Dividend Growth Rate?

McKesson's Dividends per Share for the three months ended in Jun. 2024 was $0.62.

The historical rank and industry rank for McKesson's 3-Year Dividend Growth Rate or its related term are showing as below:

MCK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -21.7   Med: 8.9   Max: 44.2
Current: 12.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of McKesson was 44.20% per year. The lowest was -21.70% per year. And the median was 8.90% per year.

MCK's 3-Year Dividend Growth Rate is ranked better than
61.36% of 44 companies
in the Medical Distribution industry
Industry Median: 9.15 vs MCK: 12.80

During the past 12 months, McKesson's average Dividends Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

McKesson's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.08. As of today, McKesson's Dividend Yield % is 0.51%.

Good Sign:

McKesson Corp stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of McKesson's 3-Year Dividend Growth Rate

For the Medical Distribution subindustry, McKesson's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McKesson's 3-Year Dividend Growth Rate Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, McKesson's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where McKesson's 3-Year Dividend Growth Rate falls into.



McKesson 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


McKesson  (NYSE:MCK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

McKesson's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.62/ 7.88
=0.08

During the past 13 years, the highest Dividend Payout Ratio of McKesson was 0.22. The lowest was 0.08. And the median was 0.11.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

McKesson Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7100002024-08-302024-09-022024-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6200002024-06-032024-06-032024-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6200002024-02-292024-03-012024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6200002023-11-302023-12-012024-01-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

McKesson's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.57/500.59
=0.51 %

Current Share Price is $500.59.
McKesson's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.57.

During the past 13 years, the highest Dividend Yield of McKesson was 1.32%. The lowest was 0.39%. And the median was 0.71%.

Good Sign:

McKesson Corp stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McKesson 3-Year Dividend Growth Rate Related Terms>


McKesson Business Description

Address
6555 State Highway 161, Irving, TX, USA, 75039
McKesson Corp is one of three leading pharmaceutical wholesalers in the us engaged in sourcing and distributing branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and Cardinal Health, the three account for over 90% of the us pharmaceutical wholesale industry. Outside the us market, McKesson engages in pharmaceutical wholesale and distribution in Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
Executives
Brian S. Tyler officer: Chief Executive Officer MCKESSON CORPORATION, 6555 STATE HWY 161, IRVING TX 75039
Leann B Smith officer: EVP & Chief HR Officer 6555 NORTH STATE HWY 161, IRVING TX 75039
Maria Martinez director THE LANDMARK @ 1 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94105
Thomas L Rodgers officer: EVP, Chief Strategy & BDO 6555 NORTH STATE HWY 161, IRVING TX 75039
Britt J. Vitalone officer: EVP & CFO MCKESSON CORPORATION, 6555 STATE HWY 161, IRVING TX 75039
Susan Nowakowski director 14778 EL RODEO CT., RANCHO SANTA FE CA 92067
Rutledge Napoleon B Jr officer: SVP, Controller & CAO 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
Lori A. Schechter officer: EVP, Chief Legal Officer & GC MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
Nancy Flores officer: EVP, CIO & CTO 6555 NORTH STATE HWY 161, IRVING TX 75039
Tracy Faber officer: EVP & Chief HR Officer 6555 NORTH STATE HWY 161, IRVING TX 75039
Donald R Knauss director P O BOX 1734, ATLANTA GA 30301
Bradley E Lerman director MEDTRONIC, INC., 710 MEDTRONIC PKWY MSLC300, MINNEAPOLIS MN 55432
Dominic J Caruso director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Webster Roy Dunbar director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
James H. Hinton director 6555 NORTH STATE HWY. 161, IRVING TX 75039