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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
03/27/201506:06:05Small Company Offering and Sale of Securities Without Registration...
03/26/201521:29:05Building A Better (Balanced) Dividend Growth Portfolio
03/23/201517:14:35Prospectus Filed Pursuant to Rule 424(b)(7) (424b7)
03/23/201517:11:33Current Report Filing (8-k)
03/23/201516:30:00The J. M. Smucker Company Completes Acquisition of Big Heart...
03/19/201517:17:16Statement of Changes in Beneficial Ownership (4)
03/09/201508:01:51Current Report Filing (8-k)
03/09/201507:37:23Wheat prices in downward trend
03/03/201517:32:56Statement of Changes in Beneficial Ownership (4)
03/03/201517:11:56Statement of Changes in Beneficial Ownership (4)
03/03/201517:02:47Current Report Filing (8-k)
03/02/201517:42:10Current Report Filing (8-k)
02/26/201506:48:32Dunkin' Donuts K-cup partnership expanded
02/26/201506:00:00Dunkin' Brands, The J.M. Smucker Company And Keurig Expand Partnership...
02/25/201517:30:20Statement of Changes in Beneficial Ownership (4)
02/25/201515:53:25Buyout Shops Keep Skin in the Game
02/24/201517:28:56Current Report Filing (8-k)
02/23/201517:39:46Statement of Changes in Beneficial Ownership (4)
02/20/201517:09:22Statement of Changes in Beneficial Ownership (4)
02/19/201517:16:32Statement of Changes in Beneficial Ownership (4)

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