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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;

Stock News for Smuckers J M (SJM)
11/25/201516:48:16Prospectus Filed Pursuant to Rule 424(b)(7) (424b7)
11/23/201517:38:00The J. M. Smucker Company Announces Secondary Common Stock Offering
11/23/201517:30:17Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
11/23/201517:29:23Current Report Filing (8-k)
11/20/201517:04:59Statement of Changes in Beneficial Ownership (4)
11/20/201517:02:50Statement of Changes in Beneficial Ownership (4)
11/19/201518:18:03Stocks Stay Flat as Keurig Green Mountain Inc. and J M Smucker...
11/19/201507:00:00The J. M. Smucker Company Announces Fiscal 2016 Second Quarter...
11/17/201517:02:02Statement of Changes in Beneficial Ownership (4)
11/03/201507:30:00The J. M. Smucker Company to Divest its U.S. Canned Milk Brands...
10/29/201516:30:00The J. M. Smucker Company Announces Webcast of Second Quarter...
10/19/201518:33:26Statement of Changes in Beneficial Ownership (4)
10/16/201517:15:00The J. M. Smucker Company Declares Dividend
10/15/201517:59:56Statement of Changes in Beneficial Ownership (4)
10/12/201509:39:13McCormick & Company, Inc.: A Quality Consumer Goods Stock For...
10/10/201508:48:49Central Garden & Pet: No Longer A Dog
10/09/201518:53:32The Worst Of October's 742 All CCC Companies
10/08/201516:30:00The J. M. Smucker Company Announces Webcast of 2015 Investor...
10/05/201517:22:16Statement of Changes in Beneficial Ownership (4)
10/05/201517:17:54Statement of Changes in Beneficial Ownership (4)

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