McCormick (NYSE: MKC), the dominant U.S. maker of spices and seasonings, has done just that -- with 37 consecutive years of dividend growth under its belt. MKC Dividend data by YCharts And with the company's dividend payout ratio set to come in at 60% for the fiscal year that will conclude in November, future dividend growth is almost a foregone conclusion. Drilling down deeper, the company's price increases -- in order to keep pace with inflation -- chipped in 11% growth to net sales.