McCormick: One Fantastic Dividend Payer
I recommended McCormick to Inside Value members back in October, but it wasn't until recently that I was able to visit its headquarters. I came away impressed with McCormick's people, process, and strategy and, as I'll explain, I am confident that this wide-moat dividend dealer has years more of great returns ahead.
Got spice?McCormick is like a modern-day Dutch East India Company -- without the powdered wigs and tyranny. The 122-year-old company's branded spices, herbs, seasonings, and sauces can be found in nearly 100 countries. Odds are you have some on your pantry shelves, including Lawry's, Old Bay, and the eponymous McCormick brands.... Read more