ORRVILLE, Ohio, July 21, 2020 /PRNewswire/ -- The J. M. Smucker
Company (NYSE: SJM) (the "Company") today announced its Board of
Directors approved an increase in the quarterly dividend from
$0.88 to $0.90 per common share. The dividend will be paid
on Tuesday, September 1, 2020, to
shareholders of record at the close of business on Friday, August 14, 2020. The Company remains
committed to returning value to shareholders, as this represents
the nineteenth consecutive year of dividend growth.
The J. M. Smucker Company Forward-Looking
Statements
This press release contains a forward-looking
statement about dividends. This statement is made on the basis of
the Company's views and assumptions as of this time, and the
Company undertakes no obligation to update this statement unless
required by law. This statement is not a guarantee of future
performance, and actual events or results may differ materially
from this statement. Investors should consult the Company's filings
with the Securities and Exchange Commission (including the
information set forth under the caption "Risk Factors" in the
Company's Annual Report on Form 10-K for the 2020 fiscal year ended
April 30, 2020) for information about
certain factors that could cause such differences. Copies of these
filings may be obtained by visiting the Company's website at
jmsmucker.com.
About The J. M. Smucker Company
Inspired by more than
120 years of business success and five generations of family
leadership, The J. M. Smucker Company makes food that people and
pets love. The Company's portfolio of 40+ brands, which are found
in 90 percent of U.S. homes and countless restaurants, include
iconic products consumers have always loved such as
Folgers®, Jif®, and
Milk-Bone® plus new favorites like Café
Bustelo®, Smucker's®
Uncrustables®, and Rachael Ray®
Nutrish®. Over the past two decades, the Company
has grown rapidly by thoughtfully acquiring leading and emerging
brands, while ensuring the business has a positive impact on its
7,000+ employees, the communities it is a part of, and the planet.
For more information about The J. M. Smucker Company, visit
jmsmucker.com.
The J. M. Smucker Company is the owner of all trademarks
referenced herein except for Rachael
Ray®, a registered trademark of Ray Marks II
LLC, which is used under license.
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SOURCE The J. M. Smucker Company