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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
09/02/201516:14:08Quarterly Report (10-q)
09/01/201517:29:18Statement of Changes in Beneficial Ownership (4)
09/01/201517:08:02Statement of Changes in Beneficial Ownership (4)
09/01/201517:05:13Statement of Changes in Beneficial Ownership (4)
09/01/201517:01:20Statement of Changes in Beneficial Ownership (4)
08/27/201508:40:00Smucker Results Top Expectations
08/27/201507:16:22Current Report Filing (8-k)
08/27/201507:00:00The J. M. Smucker Company Announces Fiscal 2016 First Quarter...
08/25/201516:09:26Current Report Filing (8-k)
08/25/201506:01:36Notice of Effectiveness (effect)
08/24/201517:03:03Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
08/20/201517:01:54Statement of Changes in Beneficial Ownership (4)
08/19/201516:33:13Registration Statement for Securities to Be Issued in Business...
08/19/201507:19:44Amended Current Report Filing (8-k/a)
08/13/201517:05:38Current Report Filing (8-k)
08/05/201516:30:00The J. M. Smucker Company Announces Webcasts of First Quarter...
07/30/201506:24:14Notice of Exempt Solicitation. Definitive Material. (px14a6g)
07/21/201521:30:36Blue Buffalo's IPO Prices Above Expectations
07/16/201517:15:00The J. M. Smucker Company Announces Dividend Increase
07/16/201506:02:18Amended Statement of Beneficial Ownership (sc 13d/a)

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