J.M. Smucker Announces 2% Dividend Increase to $1.10 per Share

The J.M. Smucker Co. announced a 2% increase in its quarterly dividend from $1.08 to $1.10 per common share, marking the 24th consecutive fiscal year of dividend growth. The next dividend will be paid on September 2, 2025, to shareholders of record by August 15, 2025. The company remains committed to returning value to shareholders.

The J.M. Smucker Co. (NYSE: SJM) has announced a 2% increase in its quarterly dividend, raising it from $1.08 to $1.10 per common share. This marks the company's 24th consecutive fiscal year of dividend growth, underscoring its commitment to returning value to shareholders. The dividend will be paid on September 2, 2025, to shareholders of record as of August 15, 2025 [1][2].

The increase, approved by the company's Board of Directors, is a testament to Smucker's consistent performance and financial health. The company, which operates in various food categories including coffee, peanut butter, fruit spreads, and pet food, continues to prioritize shareholder value. The decision to increase the dividend is based on the company's current financial position and its outlook for future earnings.

Smucker's commitment to delivering shareholder value is evident in its 24-year streak of consecutive dividend increases. This record highlights the company's stability and reliability, making it an attractive option for investors seeking consistent income. The company's forward-looking statement regarding dividends underscores the importance of its commitment to shareholders, while also acknowledging the potential for future changes based on market conditions and regulatory requirements [1][2].

In conclusion, J.M. Smucker Co.'s recent dividend increase is a positive development for shareholders, reflecting the company's strong financial performance and commitment to value creation. Investors should continue to monitor the company's financial reports and other relevant information for updates on its future dividend policy and overall financial health.

References:
[1] https://www.stocktitan.net/news/SJM/the-j-m-smucker-co-announces-dividend-ex9xhjqgbpq1.html
[2] https://www.prnewswire.com/news-releases/the-jm-smucker-co-announces-dividend-increase-302506786.html