McKesson Corp

NYSE : MCK
USA·Healthcare·Medical Distribution·Ordinary Shares
$1,004.84
+12.31 (+1.44%)Oct 16 close
Market Cap
$123.08B
Enterprise Value
$132.56B
P/E (TTM)
26.88
P/B
—
Net Cash / (Debt)
−$6.54B
52-Week Range
$724 — $1,005
5-Year Range
$201 — $1,005
Avg Volume (3M)
1.13M
Dividend Yield (TTM)
0.24%
vs 5Y avg 0.48% · 10Y avg 0.74%
Dividend Yield (Forward)
0.33%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.46
Forward (annualized): $3.28
Payout Ratio (EPS, TTM)
8.8%
Payout Ratio (FCF, TTM)
6.6%
Dividend CAGR (3Y / 5Y / 10Y)
3Y14.8%5Y13.0%10Y11.4%
Consecutive Growth Years
18
as of 2025
Years Without a Cut
26
as of 2025
Total Shareholder Yield (TTM)
6.91%
Div 0.39% + Net buyback 6.52%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
6.9%
Dividends 0.4% + Net buybacks 6.5%
Net Buyback (TTM)
$6.61B
Gross $6.70B − Issuance $90M
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is accelerating (15.0% latest vs 14.3% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20253.06+15.0%1
20242.66+14.7%1
20232.32+14.9%1
20222.02+13.5%1
20211.78+7.2%1
20201.66+3.8%1
20191.60+9.6%1
20181.46+17.7%1
20171.24+10.7%1
20161.12+7.7%0
20151.04+8.3%1
20140.96+9.1%0
20130.88+10.0%1
20120.80+2.6%0
20110.78+18.2%1

Special dividends are excluded from these figures. Based on 170 regular payments.

Payment history (170 payments)

As declaredΔ%TypeFrequencyDeclarationRecordPay date
2026-06-01$0.82–0.0%Cashquarterly2026-04-212026-06-012026-07-01
2026-03-02$0.82–0.0%Cashquarterly2026-01-282026-03-022026-04-01
2025-12-01$0.82–0.0%Cashquarterly2025-10-302025-12-012026-01-02
2025-09-02$0.82–+15.5%Cashquarterly2025-07-302025-09-022025-10-01
2025-06-02$0.71–0.0%Cashquarterly2025-05-012025-06-022025-07-01
2025-03-03$0.71–0.0%Cashquarterly2025-01-302025-03-032025-04-01
2024-12-02$0.71–0.0%Cashquarterly2024-10-312024-12-022025-01-02
2024-08-30$0.71–+14.5%Cashquarterly2024-08-012024-09-022024-10-01
2024-06-03$0.62–0.0%Cashquarterly2024-04-232024-06-032024-07-01
2024-02-29$0.62–0.0%Cashquarterly2024-02-012024-03-012024-04-01
2023-11-30$0.62–0.0%Cashquarterly2023-10-252023-12-012024-01-02
2023-08-31$0.62–+14.8%Cashquarterly2023-07-212023-09-012023-10-02
2023-05-31$0.54–0.0%Cashquarterly2023-04-262023-06-012023-07-03
2023-02-28$0.54–0.0%Cashquarterly2023-01-252023-03-012023-04-03
2022-11-30$0.54–0.0%Cashquarterly2022-10-262022-12-012023-01-03
2022-08-31$0.54–+14.9%Cashquarterly2022-07-222022-09-012022-10-03
2022-05-31$0.47–0.0%Cashquarterly2022-04-282022-06-012022-07-01
2022-02-28$0.47–0.0%Cashquarterly2022-01-272022-03-012022-04-01
2021-11-30$0.47–0.0%Cashquarterly2021-10-282021-12-012022-01-03
2021-08-31$0.47–+11.9%Cashquarterly2021-07-262021-09-012021-10-01
2021-05-28$0.42–0.0%Cashquarterly2021-04-292021-06-012021-07-01
2021-03-01$0.42–0.0%Cashquarterly2021-01-282021-03-022021-04-01
2020-11-30$0.42–0.0%Cashquarterly2020-10-292020-12-012021-01-04
2020-08-31$0.42–+2.4%Cashquarterly2020-07-292020-09-012020-10-01
2020-05-29$0.41–0.0%Cashquarterly2020-04-292020-06-012020-07-01
2020-02-28$0.41–0.0%Cashquarterly2020-01-282020-03-022020-04-01
2019-11-29$0.41–0.0%Cashquarterly2019-10-232019-12-022020-01-02
2019-08-30$0.41–+5.1%Cashquarterly2019-07-312019-09-032019-10-01
2019-05-31$0.39–0.0%Cashquarterly2019-04-242019-06-032019-07-01
2019-02-28$0.39–0.0%Cashquarterly2019-01-312019-03-012019-04-01
2018-11-30$0.39–0.0%Cashquarterly2018-10-252018-12-032019-01-02
2018-08-31$0.39–+14.7%Cashquarterly2018-07-272018-09-042018-10-01
2018-05-31$0.34–0.0%Cashquarterly2018-04-262018-06-012018-07-02
2018-02-28$0.34–0.0%Cashquarterly2018-02-022018-03-012018-04-02
2017-11-30$0.34–0.0%Cashquarterly2017-10-262017-12-012018-01-02
2017-08-30$0.34–+21.4%Cashquarterly2017-07-262017-09-012017-10-02
2017-06-01$0.28–0.0%Cashquarterly2017-05-242017-06-052017-07-03
2017-02-27$0.28–0.0%Cashquarterly2017-01-252017-03-012017-04-03
2016-11-29$0.28–0.0%Cashquarterly2016-10-272016-12-012017-01-02
2016-08-30$0.28–0.0%Cashquarterly2016-07-262016-09-012016-10-03
2016-06-02$0.28–0.0%Cashquarterly2016-05-262016-06-062016-07-01
2016-02-26$0.28–0.0%Cashquarterly2016-01-272016-03-012016-04-01
2015-11-27$0.28–0.0%Cashquarterly2015-10-302015-12-012016-01-04
2015-08-28$0.28–+16.7%Cashquarterly2015-07-292015-09-012015-10-01
2015-06-04$0.24–0.0%Cashquarterly2015-05-272015-06-082015-07-01
2015-02-26$0.24–0.0%Cashquarterly2015-01-282015-03-022015-04-01
2014-11-26$0.24–0.0%Cashquarterly2014-10-212014-12-012015-01-02
2014-08-28$0.24–0.0%Cashquarterly2014-07-302014-09-022014-10-01
2014-06-05$0.24–0.0%Cashquarterly2014-05-282014-06-092014-07-01
2014-02-27$0.24–0.0%Cashquarterly2014-01-292014-03-032014-04-01
2013-11-27$0.24–0.0%Cashquarterly2013-10-262013-12-022014-01-02
2013-08-29$0.24–+20.0%Cashquarterly2013-07-252013-09-032013-10-01
2013-06-05$0.2–0.0%Cashquarterly2013-05-222013-06-072013-07-01
2013-02-27$0.2–0.0%Cashquarterly2013-01-312013-03-012013-04-01
2012-11-29$0.2–0.0%Cashquarterly2012-10-262012-12-032013-01-02
2012-08-30$0.2–0.0%Cashquarterly2012-07-262012-09-042012-10-01
2012-06-06$0.2–0.0%Cashquarterly2012-05-242012-06-082012-07-02
2012-02-28$0.2–0.0%Cashquarterly2012-01-262012-03-012012-04-02
2011-11-29$0.2–0.0%Cashquarterly2011-10-292011-12-012012-01-03
2011-08-30$0.2–0.0%Cashquarterly2011-07-282011-09-012011-10-03
2011-06-08$0.2–+11.1%Cashquarterly2011-05-262011-06-102011-07-01
2011-02-25$0.18–0.0%Cashquarterly2011-01-272011-03-012011-04-01
2010-11-29$0.18–0.0%Cashquarterly2010-10-302010-12-012011-01-03
2010-08-30$0.18–0.0%Cashquarterly2010-07-292010-09-012010-10-01
2010-06-08$0.18–+50.0%Cashquarterly2010-05-272010-06-102010-07-01
2010-02-25$0.12–0.0%Cashquarterly2010-01-212010-03-012010-04-01
2009-11-27$0.12–0.0%Cashquarterly2009-11-022009-12-012010-01-04
2009-08-28$0.12–0.0%Cashquarterly2009-07-232009-09-012009-10-01
2009-06-08$0.12–0.0%Cashquarterly2009-05-282009-06-102009-07-01
2009-02-26$0.12–0.0%Cashquarterly2009-01-222009-03-022009-04-01
2008-11-26$0.12–0.0%Cashquarterly2008-10-272008-12-012009-01-02
2008-08-28$0.12–0.0%Cashquarterly2008-07-242008-09-022008-10-01
2008-06-04$0.12–+100.0%Cashquarterly2008-05-212008-06-062008-07-01
2008-02-28$0.06–0.0%Cashquarterly2008-01-232008-03-032008-04-01
2007-11-29$0.06–0.0%Cashquarterly2007-10-262007-12-032008-01-02
2007-08-29$0.06–0.0%Cashquarterly2007-07-252007-09-032007-10-01
2007-06-06$0.06–0.0%Cashquarterly2007-05-232007-06-082007-07-02
2007-02-27$0.06–0.0%Cashquarterly2007-01-242007-03-012007-04-02
2006-11-29$0.06–0.0%Cashquarterly2006-10-272006-12-012007-01-02
2006-08-30$0.06–0.0%Cashquarterly2006-07-262006-09-012006-10-02
2006-06-07$0.06–0.0%Cashquarterly2006-05-242006-06-092006-07-03
2006-02-27$0.06–0.0%Cashquarterly2006-01-252006-03-012006-04-03
2005-11-29$0.06–0.0%Cashquarterly2005-10-282005-12-012006-01-03
2005-08-30$0.06–0.0%Cashquarterly2005-07-272005-09-012005-10-03
2005-06-08$0.06–0.0%Cashquarterly2005-05-272005-06-102005-07-01
2005-02-25$0.06–0.0%Cashquarterly2005-01-142005-03-012005-04-01
2004-11-29$0.06–0.0%Cashquarterly2004-10-282004-12-012005-01-03
2004-08-30$0.06–0.0%Cashquarterly2004-07-282004-09-012004-10-01
2004-06-07$0.06–0.0%Cashquarterly2004-05-262004-06-092004-07-01
2004-02-26$0.06–0.0%Cashquarterly2004-01-152004-03-012004-04-01
2003-11-26$0.06–0.0%Cashquarterly2003-10-302003-12-012004-01-02
2003-08-27$0.06–0.0%Cashquarterly2003-07-302003-09-012003-10-01
2003-06-05$0.06–0.0%Cashquarterly2003-05-282003-06-092003-07-01
2003-02-27$0.06–0.0%Cashquarterly2003-01-292003-03-032003-04-01
2002-11-27$0.06–0.0%Cashquarterly2002-10-252002-12-022003-01-02
2002-08-28$0.06–0.0%Cashquarterly2002-07-312002-09-022002-10-01
2002-06-06$0.06–0.0%Cashquarterly2002-05-292002-06-102002-07-01
2002-02-27$0.06–0.0%Cashquarterly2002-01-302002-03-012002-04-01
2001-11-29$0.06–0.0%Cashquarterly2001-10-262001-12-032002-01-02
2001-08-29$0.06–0.0%Cashquarterly2001-07-252001-09-032001-10-01
2001-05-31$0.06–0.0%Cashquarterly2001-05-252001-06-042001-07-02
2001-02-27$0.06–0.0%Cashquarterly2001-01-312001-03-012001-04-02
2000-11-29$0.06–0.0%Cashquarterly2000-10-252000-12-012001-01-02
2000-08-30$0.06–0.0%Cashquarterly2000-07-262000-09-012000-10-02
2000-05-30$0.06–0.0%Cashquarterly2000-05-052000-06-012000-07-03
2000-02-28$0.06–0.0%Cashquarterly2000-01-202000-03-012000-04-03
1999-11-29$0.06–0.0%Cashquarterly1999-10-271999-12-012000-01-03
1999-08-30$0.06–0.0%Cashquarterly1999-08-251999-09-011999-10-01
1999-05-27$0.06–0.0%Cashquarterly1999-04-261999-06-011999-07-01
1999-02-25$0.06–-52.0%Cashquarterly1999-01-271999-03-011999-04-01
1998-11-27$0.125–0.0%Cashquarterly1998-10-161998-12-011999-01-04
1998-08-28$0.125–0.0%Cashquarterly1998-07-291998-09-011998-10-01
1998-05-28$0.125–0.0%Cashquarterly1998-04-151998-06-011998-07-01
1998-02-26$0.125–0.0%Cashquarterly1998-01-281998-03-021998-04-01
1997-11-26$0.125$0.250.0%Cashquarterly1997-10-291997-12-011998-01-02
1997-08-28$0.125$0.250.0%Cashquarterly1997-07-301997-09-021997-10-01
1997-05-29$0.125$0.250.0%Cashquarterly1997-05-021997-06-021997-07-01
1997-02-27$0.125$0.250.0%Cashquarterly1997-01-291997-03-031997-04-01
1996-11-27$0.125$0.250.0%Cashquarterly1996-10-301996-12-021997-01-02
1996-08-29$0.125$0.250.0%Cashquarterly1996-07-311996-09-031996-10-01
1996-05-30$0.125$0.250.0%Cashquarterly1996-04-241996-06-031996-07-01
1996-02-28$0.125$0.250.0%Cashquarterly1996-01-311996-03-011996-04-01
1995-11-29$0.125$0.250.0%Cashquarterly1995-10-251995-12-011996-01-02
1995-08-30$0.125$0.250.0%Cashquarterly1995-07-261995-09-011995-10-02
1995-05-25$0.125$0.250.0%Cashquarterly1995-04-261995-06-011995-07-03
1995-02-23$0.125$0.250.0%Cashquarterly1995-01-251995-03-011995-04-03
1994-12-09$0.125$0.25-40.5%Cashquarterly1994-11-301994-12-151995-01-03
1994-08-26$0.21$0.420.0%Cashquarterly1994-07-151994-08-24-
1994-05-25$0.21$0.420.0%Cashquarterly1994-04-151994-05-23-
1994-02-23$0.21$0.420.0%Cashquarterly1994-01-141994-02-21-
1993-11-24$0.21$0.420.0%Cashquarterly1993-10-151993-11-22-
1993-08-26$0.21$0.42+5.0%Cashquarterly1993-07-151993-08-24-
1993-05-25$0.2$0.40.0%Cashquarterly1993-04-151993-05-21-
1993-02-23$0.2$0.40.0%Cashquarterly1993-01-141993-02-19-
1992-11-24$0.2$0.40.0%Cashquarterly1992-10-151992-11-20-
1992-08-26$0.2$0.40.0%Cashquarterly1992-07-171992-08-24-
1992-05-26$0.2$0.40.0%Cashquarterly1992-04-161992-05-22-
1992-02-25$0.2$0.40.0%Cashquarterly1992-01-161992-02-21-
1991-11-25$0.2$0.40.0%Cashquarterly1991-10-161991-11-21-
1991-08-27$0.2$0.40.0%Cashquarterly1991-07-181991-08-23-
1991-05-28$0.2$0.40.0%Cashquarterly1991-04-181991-05-24-
1991-02-25$0.2$0.40.0%Cashquarterly1991-01-161991-02-21-
1990-11-27$0.2$0.40.0%Cashquarterly1990-10-181990-11-23-
1990-08-28$0.2$0.40.0%Cashquarterly1990-07-191990-08-24-
1990-05-25$0.2$0.4+11.1%Cashquarterly1990-04-131990-05-23-
1990-02-23$0.18$0.360.0%Cashquarterly1990-01-121990-02-21-
1989-11-27$0.18$0.360.0%Cashquarterly1989-10-181989-11-23-
1989-08-28$0.18$0.360.0%Cashquarterly1989-07-191989-08-24-
1989-05-25$0.18$0.360.0%Cashquarterly1989-04-131989-05-23-
1989-02-23$0.18$0.360.0%Cashquarterly1989-01-121989-02-21-
1988-11-25$0.18$0.360.0%Cashquarterly1988-10-141988-11-23-
1988-08-26$0.18$0.360.0%Cashquarterly1988-07-151988-08-24-
1988-05-25$0.18$0.36+12.5%Cashquarterly1988-04-151988-05-23-
1988-02-24$0.16$0.320.0%Cashquarterly1988-01-151988-02-22-
1987-11-24$0.16$0.320.0%Cashquarterly1987-10-151987-11-20-
1987-08-26$0.16$0.320.0%Cashquarterly1987-07-171987-08-24-
1987-05-26$0.16$0.320.0%Cashquarterly1987-04-161987-05-22-
1987-02-24$0.16$0.320.0%Cashquarterly1987-01-151987-02-20-
1986-11-24$0.16$0.320.0%Cashquarterly1986-10-151986-11-20-
1986-08-26$0.16$0.32+6.7%Cashquarterly1986-07-171986-08-22-
1986-05-27$0.15$0.30.0%Cashquarterly1986-04-171986-05-23-
1986-02-25$0.15$0.30.0%Cashquarterly1986-01-161986-02-21-
1985-11-25$0.15$0.30.0%Cashquarterly1985-10-161985-11-21-
1985-08-27$0.15$0.30.0%Cashquarterly1985-07-181985-08-23-
1985-05-28$0.15$0.30.0%Cashquarterly1985-04-181985-05-24-
1985-02-25$0.15$0.30.0%Cashquarterly1985-01-161985-02-21-
1984-11-27$0.15$0.30.0%Cashquarterly1984-10-181984-11-23-
1984-08-28$0.15$0.30.0%Cashquarterly1984-07-191984-08-24-
1984-05-25$0.15$0.30.0%Cashquarterly1984-04-131984-05-23-
1984-02-24$0.15$0.3–Cashquarterly1984-01-131984-02-22-

Splits (1)

DateRatioCumulative
1998-01-052:1×2 to today