J. M. Smucker (SJM) Raises Quarterly Dividend 4% to $0.78; 2.7% Yield

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Go back to J. M. Smucker (SJM) Raises Quarterly Dividend 4% to $0.78; 2.7% Yield

The J. M. Smucker Company Announces Dividend Increase

July 19, 2017 6:58 PM EDT

ORRVILLE, Ohio, July 19, 2017 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced that the Board of Directors has approved an increase in the quarterly dividend from $0.75 to $0.78 per common share, an increase of 4 percent.  The dividend will be paid on Friday, September 1, 2017, to shareholders of record at the close of business on Friday, August 11, 2017.

This represents the Company's sixteenth consecutive year of dividend growth.

The J. M. Smucker Company Forward-Looking Statements

This press release contains a forward-looking statement about dividends. This... More