GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » McKesson Corp (NYSE:MCK) » Definitions » Dividend Yield %

MCK (McKesson) Dividend Yield % : 0.51% (As of Oct. 31, 2024)


View and export this data going back to 1987. Start your Free Trial

What is McKesson Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of McKesson is 0.51%.

Good Sign:

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

The historical rank and industry rank for McKesson's Dividend Yield % or its related term are showing as below:

MCK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 0.71   Max: 1.32
Current: 0.51

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%.

MCK's Dividend Yield % is ranked worse than
93.85% of 65 companies
in the Medical Distribution industry
Industry Median: 2.53 vs MCK: 0.51

McKesson's Dividend Payout Ratio for the three months ended in Jun. 2024 was 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.

As of today (2024-10-31), the Forward Dividend Yield % of McKesson is 0.57%.

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

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


McKesson Dividend Yield % Historical Data

The historical data trend for McKesson's Dividend Yield % can be seen below:

* 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.

* Premium members only.

McKesson Dividend Yield % Chart

McKesson Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.86 0.60 0.59 0.45

McKesson Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.52 0.50 0.45 0.42

Competitive Comparison of McKesson's Dividend Yield %

For the Medical Distribution subindustry, McKesson's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, McKesson's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where McKesson's Dividend Yield % falls into.



McKesson Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.84/500.59
=0.57 %

Current Share Price is $500.59.
McKesson's Dividends per Share for the forward twelve months is calculated as $0.71 * 4 = $2.84.

* 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  (NYSE:MCK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


McKesson Dividend Yield % Related Terms

Thank you for viewing the detailed overview of McKesson's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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