McCormick (NYSE: MKC) Firm Grip On Its Industry

An easy way for investors to diverge from their particular comfort sector is to take an investing concept that works for them and work backward toward a company. Dividend investing is a great example of this. It is easy to run screens, or even Google searches, to find the top dividend-paying companies. Though a 2.5% yield is not necessarily anything to write home about, I really like McCormick (NYSE: MKC) in this case.

The spice and seasoning giant has a firm grip on its industry and is experiencing solid growth, at home and abroad, through brand acquisition. The company has an 87-year dividend history and raised its dividend by 11% at the end of November. This is a dividend stock that may not blow investors away, but performs consistently and is committed to dividend growth.

Source: Motley Fool

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