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Smucker Boosts Dividend 9.1% In Second Increase This Year

DOW JONES NEWSWIRES J.M. Smucker Co. (SJM) raised its quarterly dividend 9.1%, adding onto a 10% increase the food maker unveiled in January in an effort to disburse more cash to shareholders. Smucker, which makes jams, jellies, Jif peanut butter and Pillsbury products, has joined a long list of companies that are raising payouts to make use of cash stockpiled during the recession. The 4-cent increase to 48 cents a share will cost the company about $18.3 million a year. Shares were off 8 cents at $79.92 after-hours Friday. The stock was up 29% over the past 12 months. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; [email protected]

Stock News for Smuckers J M (SJM)
DateTimeHeadline
02/24/201709:05:16Quarterly Report (10-q)
02/22/201709:01:25Current Report Filing (8-k)
02/17/201706:59:42Current Report Filing (8-k)
02/17/201706:30:00The J. M. Smucker Company Announces Fiscal 2017 Third Quarter...
02/10/201708:39:52Amended Statement of Ownership (sc 13g/a)
01/31/201707:15:00The J. M. Smucker Company Announces Plans to Build Additional...
01/27/201717:01:54Statement of Changes in Beneficial Ownership (4)
01/26/201717:00:00The J. M. Smucker Company Announces Webcasts of its Third Quarter...
01/25/201714:48:25Amended Statement of Ownership (sc 13g/a)
01/20/201717:15:00The J. M. Smucker Company Declares Dividend
01/11/201708:00:00The J. M. Smucker Company Announces Coffee Price Increases
01/03/201717:07:16Statement of Changes in Beneficial Ownership (4)
01/03/201717:07:00Statement of Changes in Beneficial Ownership (4)
11/22/201616:16:22Quarterly Report (10-q)
11/17/201609:45:00U.S. Hot Stocks: Hot Stocks to Watch
11/17/201609:40:00J.M. Smucker Revenue Declines
11/17/201607:16:29Current Report Filing (8-k)
11/17/201607:00:00The J. M. Smucker Company Announces Fiscal 2017 Second Quarter...
10/27/201616:30:00The J. M. Smucker Company Announces Webcast of Second Quarter...
10/24/201617:12:24Amended Securities Registration (section 12(b)) (8-a12b/a)

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