The J.M. Smucker Co. Declares Dividend and Announces Annual Shareholder Meeting Date

Rhea-AI Summary

The J.M. Smucker Co. (NYSE: SJM) declared a $1.02 per share dividend on its common shares, scheduled for payment on June 1, 2023. Shareholders must hold the shares by the close of business on May 12, 2023 to be eligible for this dividend. Additionally, the company announced its Annual Meeting of Shareholders to take place on August 16, 2023, at 12:00 p.m. Eastern Time. Shareholders of record by June 20, 2023 can attend via a virtual platform, requiring a 16-digit control number for access.

Positive

• Declared a dividend of $1.02 per share, enhancing shareholder income.
• Confidence in future earnings signaled by the dividend declaration.

Negative

• None.

ORRVILLE, Ohio, April 18, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved a $1.02 per share dividend on the common shares of the Company. The dividend will be paid on Thursday, June 1, 2023, to shareholders of record at the close of business on Friday, May 12, 2023.

The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 16, 2023, in a virtual-only meeting format. The meeting will be held at 12:00 p.m. Eastern Time. Shareholders of record at the close of business on Tuesday, June 20, 2023, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jmsmucker.com. To join, shareholders must enter the 16-digit control number found on their proxy card, voting instruction form, or notice of internet availability of proxy materials.

About The J.M. Smucker Co.

At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse portfolio of brands available across North America. We are proud to lead in the Coffee, Consumer Foods, Dog Snacks and Cat Food categories by offering brands consumers trust for themselves and their families each day including Folgers^®, Dunkin'^®, Café Bustelo^®, Jif^®, Smucker's^® Uncrustables^®, Smucker's^®, Milk-Bone^® and Meow Mix^®. Through our unwavering commitment to producing the highest quality products, operating responsibly and ethically and delivering on our Purpose, we will continue to grow our business while making a positive impact on society. For more information, please visit jmsmucker.com.

The J.M. Smucker Co. is the owner of all trademarks referenced herein, except for Dunkin'^® which is a trademark of DD IP Holder LLC. The Dunkin'^® brand is licensed to The J.M. Smucker Co. for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, e-commerce and drug stores. This information does not pertain to products for sale in Dunkin'^® restaurants.

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SOURCE The J.M. Smucker Co.

FAQ

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

J.M. Smucker Co. declared a dividend of $1.02 per share.

When will the dividend be paid to shareholders of SJM?

The dividend will be paid on June 1, 2023.

What is the record date for the J.M. Smucker Co. dividend?

Shareholders must be on record by May 12, 2023, to receive the dividend.

When is the Annual Meeting of Shareholders for SJM?

The Annual Meeting of Shareholders will be held on August 16, 2023.

How can shareholders participate in the J.M. Smucker Co. Annual Meeting?

Shareholders can join the meeting virtually with a control number by June 20, 2023.