J. M. Smucker (SJM) Raises Quarterly Dividend 13.3% to $0.85; 3.1% Yield

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The J. M. Smucker Company Announces Dividend Increase

July 13, 2018 4:30 PM EDT

ORRVILLE, Ohio, July 13, 2018 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) (the "Company") today announced that the Board of Directors has approved an increase in the quarterly dividend from $0.78 to $0.85 per common share, an increase of nine percent.  The dividend will be paid on Tuesday, September 4, 2018, to shareholders of record at the close of business on Friday, August 17, 2018. This represents the Company's seventeenth consecutive year of dividend growth.

The J. M. Smucker Company Forward-Looking Statement

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