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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; Andrew.FitzGerald@dowjones.com

Stock News for Smuckers J M (SJM)
DateTimeHeadline
07/25/201616:54:24Current Report Filing (8-k)
07/21/201606:00:00Dunkin' Brands Reports Second Quarter 2016 Results
07/19/201607:00:00Dunkin' Donuts K-Cup Pods Named One Of Top New Consumer Packaged...
07/13/201617:10:00The J. M. Smucker Company Announces Dividend Increase
07/06/201617:15:45Statement of Changes in Beneficial Ownership (4)
07/06/201617:10:58Statement of Changes in Beneficial Ownership (4)
07/01/201608:15:00Processed & Packaged Goods Industry Equities Technical Analysis...
07/01/201606:55:03Additional Proxy Soliciting Materials (definitive) (defa14a)
07/01/201606:51:48Proxy Statement (definitive) (def 14a)
06/27/201617:19:22Statement of Changes in Beneficial Ownership (4)
06/27/201617:18:04Amended Statement of Changes in Beneficial Ownership (4/a)
06/27/201617:15:50Statement of Changes in Beneficial Ownership (4)
06/23/201617:09:12Statement of Changes in Beneficial Ownership (4)
06/23/201617:00:31Statement of Changes in Beneficial Ownership (4)
06/21/201617:21:20Statement of Changes in Beneficial Ownership (4)
06/21/201617:12:45Statement of Changes in Beneficial Ownership (4)
06/21/201616:32:13Annual Report (10-k)
06/21/201616:17:50Current Report Filing (8-k)
06/14/201617:21:11Statement of Changes in Beneficial Ownership (4)
06/14/201617:19:52Statement of Changes in Beneficial Ownership (4)

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