The J.M. Smucker Co. Declares Dividend

Rhea-AI Summary

The J.M. Smucker Co. (SJM) has declared a $0.99 per share dividend on its common shares. This dividend will be paid on March 1, 2022, to shareholders on record as of February 11, 2022. The company emphasizes its commitment to meeting evolving consumer expectations while maintaining a diverse portfolio of beloved brands such as Folgers and Jif, which are staples in many U.S. homes. Smucker's strategic focus aims to enhance its business growth and societal impact.

Positive

• Dividend of $0.99 per share demonstrates financial strength and commitment to returning value to shareholders.
• Scheduled payment date of March 1, 2022, indicates planned financial stability.

Negative

• None.

ORRVILLE, Ohio, Jan. 21, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved a $0.99 per share dividend on the common shares of the Company. The dividend will be paid on Tuesday, March 1, 2022, to shareholders of record at the close of business on Friday, February 11, 2022.

About The J.M. Smucker Co.

Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in nearly 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers^®, Jif^® and Milk-Bone^® and new favorites like Café Bustelo^®, Smucker's^® Uncrustables^® and Rachael Ray^® Nutrish^®. By continuing to immerse ourselves in consumer preferences and acting responsibly, we will continue growing our business and the positive impact we have on society. For more information, please visit jmsmucker.com.

The J.M. Smucker Co. is the owner of all trademarks referenced herein except for Rachael Ray^®, a registered trademark of Ray Marks II LLC, which is used under license.

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SOURCE The J.M. Smucker Co.

FAQ

What is the dividend amount declared by J.M. Smucker Co.?

The J.M. Smucker Co. has declared a dividend of $0.99 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 1, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is February 11, 2022.

What are the key brands under J.M. Smucker Co.?

Key brands include Folgers, Jif, Milk-Bone, and Café Bustelo.