McCormick and Company: Decent Stock But No Margin of Safety
by | Posted 8.13.2013 | Post Comment (No Comments)

-Seven Year Average Revenue Growth Rate: 6.4% Dividend Stock Report
-Seven Year Average EPS Growth Rate: 10%
-Seven Year Average Dividend Growth Rate: 10%
-Current Dividend Yield: 1.87%
-Balance Sheet Strength: Strong, Stable

At the current price of around $73, McCormick appears poised to offer reasonable long-term returns, but the lack of a margin of safety and the low current yield reduce the attractiveness of the stock unless or until the earnings multiple contracts a bit.

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