J.M. Smucker As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
SJM $4.24 3.9% 3.0% 10.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
(Pet) Food & Beverages 3.7% 22 4.5% Quarter 1959
J.M. Smucker hikes dividend by 3.5%

The J. M. Smucker Company (SJM) will raise its quarterly dividend by 3.5 percent $0.88 per common share in 2019. Last year SJM hiked its dividend by 7 cents to 85 cents quarterly per share.

The next dividend will be paid on Tuesday, September 3, 2019, to shareholders of record at the close of business on Friday, August 16, 2019.  A new annual rate of $3.52 per share yields 3.1% at a stock price of $112.64.

Smucker is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America. In consumer foods and beverages, its brands include Smucker's, Folgers, Jif, Dunkin' Donuts, Crisco, Pillsbury, R.W. Knudsen Family, Hungry Jack, Café Bustelo, Martha White, truRoots, Sahale Snacks, Robin Hood, and Bick's. In pet food and pet snacks, its brands include Meow Mix, Milk-Bone, Kibbles 'n Bits, Natural Balance, and 9Lives.