The J.M. Smucker Co. Declares Dividend

Rhea-AI Summary

The J.M. Smucker Co. (NYSE: SJM) has announced a $1.02 per share dividend on its common shares, reflecting its commitment to shareholder returns. The dividend is set to be paid on December 1, 2022, to shareholders on record by the close of business on November 11, 2022. This news underscores the company's stable financial performance amidst evolving consumer preferences and a diverse product portfolio that includes well-known brands.

Positive

• Dividend of $1.02 per share reflects strong shareholder returns.
• Demonstrates confidence in financial stability and operational performance.

Negative

• None.

ORRVILLE, Ohio, Oct. 20, 2022 /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, December 1, 2022, to shareholders of record at the close of business on Friday, November 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 more than 80 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 for SJM announced in October 2022?

The dividend amount announced for SJM is $1.02 per share.

When will the SJM dividend be paid?

The SJM dividend will be paid on December 1, 2022.

What is the record date for the SJM dividend?

The record date for the SJM dividend is November 11, 2022.

How often does The J.M. Smucker Co. pay dividends?

The J.M. Smucker Co. typically pays dividends quarterly.

Is the dividend from J.M. Smucker sustainable?

While the sustainability of the dividend is not specified, it reflects the company's commitment to shareholder returns.