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Increase · July 22, 2026

McKesson Hikes Quarterly Dividend 15% to $0.94; 10th Consecutive Annual Increase

McKesson Corporation raises its quarterly dividend by 15% to $0.94 per share, marking the tenth consecutive year of dividend growth.

McKesson Hikes Quarterly Dividend 15% to $0.94; 10th Consecutive Annual Increase

Dividend Increase Details

McKesson Corporation (NYSE:MCK) announced a 15% increase in its quarterly dividend, raising the payout to $0.94 per share from $0.82. The dividend is payable on October 1, 2026, to shareholders of record as of September 1, 2026. This marks the tenth consecutive year of dividend growth for the healthcare services company.

CEO Commentary

Brian Tyler, chair and chief executive officer, attributed the increase to the strength of McKesson's business, disciplined capital allocation, and a commitment to returning capital to shareholders. He emphasized the company's focus on leveraging financial strength to execute strategic priorities and create long-term value.

Company Overview

McKesson is a diversified healthcare services leader partnering with biopharma companies, care providers, pharmacies, manufacturers, and governments to improve access and affordability of quality care. The company routinely posts material information on its investor relations website.

What it means for income investors

The 15% dividend increase reflects McKesson's consistent earnings growth and strong cash flow generation. With a decade of annual dividend hikes, the company demonstrates a reliable track record of returning capital to shareholders. For those tracking dividend growth, McKesson's dividend history shows steady increases, and the dividend calculator can help project future income based on the new rate.

Reporting based on: Business Wire. Figures verified against market data where available.

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