McKesson Corporation (MCK) Dividend History

NYSE: MCKYield, payment dates, growth and payout ratio.

MCK latest dividend

$0.94last dividend per share
Ex-dividend dateSep 1Tuesday, 2026
Payment dateOct 1Thursday, 2026

The next dividend has not been announced yet.

  • 18 yearsof dividend increases
  • 1990paying since
  • Quarterly4 payments a year
  • +13.0%5-year growth a year
  • 0.37%forward yield

MCK dividend income calculator

Dividend income a year
$376
Each payment
$94
Value of the shares
$100,484
Dividend yield
0.37%

At the latest close; forward annual dividend $3.76 per share, before tax.

MCK dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MCK dividend safety

Payout ratio (earnings)8.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)7.0%
Well covered · of fiscal 2026 free cash flow
Dividend growth (5 years)+13.0%
Growing · a year on average
Years of increases18
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MCK yield on cost

McKesson Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$786.000.48%$3.400.4%
3 years ago$455.720.83%$8.922.0%
5 years ago$200.801.87%$13.116.5%
10 years ago$162.102.32%$20.6612.7%
20 years ago$50.417.46%$27.8255.2%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MCK dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

MCK dividends by year

McKesson Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.06+15.0%0.37%4
2024$2.66+14.7%0.47%4
2023$2.32+14.9%0.50%4
2022$2.02+13.5%0.54%4
2021$1.78+7.2%0.72%4
2020$1.66+3.7%0.95%4
2019$1.60+9.6%1.16%4
2018$1.46+17.7%1.32%4
2017$1.24+10.7%0.80%4
2016$1.12+7.7%0.80%4
2015$1.04+8.3%0.53%4
2014$0.96+9.1%0.46%4
2013$0.88+10.0%0.55%4
2012$0.80+2.6%0.83%4
2011$0.78+18.2%1.00%4
2010$0.66+37.5%0.94%4
2009$0.48+14.3%0.77%4
2008$0.42+75.0%1.08%4
2007$0.240.0%0.37%4
2006$0.24—0.47%4

MCK dividend history

149 payments
McKesson Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-012026-10-01$0.94+14.6%Quarterly
2026-06-012026-07-01$0.82—Quarterly
2026-03-022026-04-01$0.82—Quarterly
2025-12-012026-01-02$0.82—Quarterly
2025-09-022025-10-01$0.82+15.5%Quarterly
2025-06-022025-07-01$0.71—Quarterly
2025-03-032025-04-01$0.71—Quarterly
2024-12-022025-01-02$0.71—Quarterly
2024-08-302024-10-01$0.71+14.5%Quarterly
2024-06-032024-07-01$0.62—Quarterly
2024-02-292024-04-01$0.62—Quarterly
2023-11-302024-01-02$0.62—Quarterly
2023-08-312023-10-02$0.62+14.8%Quarterly
2023-05-312023-07-03$0.54—Quarterly
2023-02-282023-04-03$0.54—Quarterly
2022-11-302023-01-03$0.54—Quarterly
Show all 149 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-312022-10-03$0.54+14.9%Quarterly
2022-05-312022-07-01$0.47—Quarterly
2022-02-282022-04-01$0.47—Quarterly
2021-11-302022-01-03$0.47—Quarterly
2021-08-312021-10-01$0.47+11.9%Quarterly
2021-05-282021-07-01$0.42—Quarterly
2021-03-012021-04-01$0.42—Quarterly
2020-11-302021-01-04$0.42—Quarterly
2020-08-312020-10-01$0.42+2.4%Quarterly
2020-05-292020-07-01$0.41—Quarterly
2020-02-282020-04-01$0.41—Quarterly
2019-11-292020-01-02$0.41—Quarterly
2019-08-302019-10-01$0.41+5.1%Quarterly
2019-05-312019-07-01$0.39—Quarterly
2019-02-282019-04-01$0.39—Quarterly
2018-11-302019-01-02$0.39—Quarterly
2018-08-312018-10-01$0.39+14.7%Quarterly
2018-05-312018-07-02$0.34—Quarterly
2018-02-282018-04-02$0.34—Quarterly
2017-11-302018-01-02$0.34—Quarterly
2017-08-302017-10-02$0.34+21.4%Quarterly
2017-06-012017-07-03$0.28—Quarterly
2017-02-272017-04-03$0.28—Quarterly
2016-11-292017-01-02$0.28—Quarterly
2016-08-302016-10-03$0.28—Quarterly
2016-06-022016-07-01$0.28—Quarterly
2016-02-262016-04-01$0.28—Quarterly
2015-11-272016-01-04$0.28—Quarterly
2015-08-282015-10-01$0.28+16.7%Quarterly
2015-06-042015-07-01$0.24—Quarterly
2015-02-262015-04-01$0.24—Quarterly
2014-11-262015-01-02$0.24—Quarterly
2014-08-282014-10-01$0.24—Quarterly
2014-06-052014-07-01$0.24—Quarterly
2014-02-272014-04-01$0.24—Quarterly
2013-11-272014-01-02$0.24—Quarterly
2013-08-292013-10-01$0.24+20.0%Quarterly
2013-06-052013-07-01$0.2—Quarterly
2013-02-272013-04-01$0.2—Quarterly
2012-11-292013-01-02$0.2—Quarterly
2012-08-302012-10-01$0.2—Quarterly
2012-06-062012-07-02$0.2—Quarterly
2012-02-282012-04-02$0.2—Quarterly
2011-11-292012-01-03$0.2—Quarterly
2011-08-302011-10-03$0.2—Quarterly
2011-06-082011-07-01$0.2+11.1%Quarterly
2011-02-252011-04-01$0.18—Quarterly
2010-11-292011-01-03$0.18—Quarterly
2010-08-302010-10-01$0.18—Quarterly
2010-06-082010-07-01$0.18+50.0%Quarterly
2010-02-252010-04-01$0.12—Quarterly
2009-11-272010-01-04$0.12—Quarterly
2009-08-282009-10-01$0.12—Quarterly
2009-06-082009-07-01$0.12—Quarterly
2009-02-262009-04-01$0.12—Quarterly
2008-11-262009-01-02$0.12—Quarterly
2008-08-282008-10-01$0.12—Quarterly
2008-06-042008-07-01$0.12+100.0%Quarterly
2008-02-282008-04-01$0.06—Quarterly
2007-11-292008-01-02$0.06—Quarterly
2007-08-292007-10-01$0.06—Quarterly
2007-06-062007-07-02$0.06—Quarterly
2007-02-272007-04-02$0.06—Quarterly
2006-11-292007-01-02$0.06—Quarterly
2006-08-302006-10-02$0.06—Quarterly
2006-06-072006-07-03$0.06—Quarterly
2006-02-272006-04-03$0.06—Quarterly
2005-11-292006-01-03$0.06—Quarterly
2005-08-302005-10-03$0.06—Quarterly
2005-06-082005-07-01$0.06—Quarterly
2005-02-252005-04-01$0.06—Quarterly
2004-11-292005-01-03$0.06—Quarterly
2004-08-302004-10-01$0.06—Quarterly
2004-06-072004-07-01$0.06—Quarterly
2004-02-262004-04-01$0.06—Quarterly
2003-11-262004-01-02$0.06—Quarterly
2003-08-272003-10-01$0.06—Quarterly
2003-06-052003-07-01$0.06—Quarterly
2003-02-272003-04-01$0.06—Quarterly
2002-11-272003-01-02$0.06—Quarterly
2002-08-282002-10-01$0.06—Quarterly
2002-06-062002-07-01$0.06—Quarterly
2002-02-272002-04-01$0.06—Quarterly
2001-11-292002-01-02$0.06—Quarterly
2001-08-292001-10-01$0.06—Quarterly
2001-05-312001-07-02$0.06—Quarterly
2001-02-272001-04-02$0.06—Quarterly
2000-11-292001-01-02$0.06—Quarterly
2000-08-302000-10-02$0.06—Quarterly
2000-05-302000-07-03$0.06—Quarterly
2000-02-282000-04-03$0.06—Quarterly
1999-11-292000-01-03$0.06—Quarterly
1999-08-301999-10-01$0.06—Quarterly
1999-05-271999-07-01$0.06—Quarterly
1999-02-251999-04-01$0.06−52.0%Quarterly
1998-11-271999-01-04$0.125—
1998-08-281998-10-01$0.125—
1998-05-281998-07-01$0.125—
1998-02-261998-04-01$0.125—
1997-11-261998-01-02$0.125—
1997-08-281997-10-01$0.125—
1997-05-291997-07-01$0.125—
1997-02-271997-04-01$0.125—
1996-11-271997-01-02$0.125—
1996-08-291996-10-01$0.125—
1996-05-301996-07-01$0.125—
1996-02-281996-04-01$0.125—
1995-11-291996-01-02$0.125—
1995-08-301995-10-02$0.125—
1995-05-251995-07-03$0.125—
1995-02-231995-04-03$0.125—
1994-12-091995-01-03$0.125−99.7%
1994-12-01—$38.00+17,995.2%
1994-11-25—$0.21—
1994-08-26—$0.21—
1994-05-25—$0.21—
1994-02-23—$0.21—
1993-11-24—$0.21—
1993-08-26—$0.21+5.0%
1993-05-25—$0.2—
1993-02-23—$0.2—
1992-11-24—$0.2—
1992-08-26—$0.2—
1992-05-26—$0.2—
1992-02-25—$0.2—
1991-11-25—$0.2—
1991-08-27—$0.2—
1991-05-28—$0.2—
1991-02-25—$0.2—
1990-11-27—$0.2—
1990-08-28—$0.2—
1990-05-25—$0.2+11.1%
1990-02-23—$0.18—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MCK stock split history

  • 2:1January 5, 1998

MCK dividend overview

McKesson pays an annual dividend of $3.76 per share, a yield of 0.37% at the latest close, paid quarterly. It paid $3.06 per share in 2025, up 15.0% from 2024. It has raised its dividend for 18 consecutive years. Over five years the dividend grew 13.0% a year on average and over ten years 11.4% a year. The payout ratio is 8.3% of trailing earnings.

Related: MCK cash flow statement, MCK key metrics, MCK chart. See the MCK stock overview for the latest quote and news.

MCK dividends FAQ

Does McKesson pay a dividend?

Yes. McKesson has paid a regular dividend since 1990, quarterly, most recently $0.94 per share with an ex-dividend date of September 1, 2026.

What is McKesson's dividend yield?

McKesson's forward annual dividend is $3.76 per share, a dividend yield of 0.37% at the latest close of $1004.84.

How often does McKesson pay dividends?

McKesson pays dividends quarterly.

How fast is McKesson's dividend growing?

McKesson's dividend per share grew from $1.66 in 2020 to $3.06 in 2025, 13.0% a year on average over five years; it has increased for 18 years in a row.

What is McKesson's dividend payout ratio?

McKesson pays out 8.3% of its trailing earnings as dividends and 7.0% of its free cash flow (fiscal 2026).

Has McKesson split its stock?

McKesson has split its stock 1 time: 2:1 on January 5, 1998. Dividends per share on this page are adjusted for splits.

Medical Distribution: dividends