November 25, 2009 (FinancialWire) — The board of McCormick & Co., Inc. (NYSE : MKC) has declared an 8.3% increase in the spice maker’s quarterly dividend, from $0.24 to $0.26 per share on its common stocks, payable January 15, 2010 to shareholders of record December 31, 2009.

The move marks the 24th consecutive year that the company has increased its quarterly dividend.

McCormick is engaged in the manufacture, marketing and distribution of spices, seasonings, specialty foods and flavors to the food industry. Its marketing channels cover retail outlets, food manufacturers and food service businesses.

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