The J. M. Smucker Company (SJM) to Issue Quarterly Dividend of $1.10 on December 1st

The J. M. Smucker Company (NYSE:SJM) declared a quarterly dividend on Thursday, October 23rd. Investors of record on Friday, November 14th will be paid a dividend of 1.10 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, November 14th.

J. M. Smucker has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 27 consecutive years. J. M. Smucker has a dividend payout ratio of 39.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect J. M. Smucker to earn $10.42 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 42.2%.

J. M. Smucker Stock Up 1.2%

J. M. Smucker stock opened at $108.52 on Wednesday. The firm has a 50 day moving average price of $106.48 and a 200-day moving average price of $107.41. The company has a quick ratio of 0.34, a current ratio of 0.81 and a debt-to-equity ratio of 1.19. J. M. Smucker has a twelve month low of $93.30 and a twelve month high of $125.42. The company has a market capitalization of $11.58 billion, a P/E ratio of -7.92, a P/E/G ratio of 6.97 and a beta of 0.24.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $1.90 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.05). J. M. Smucker had a negative net margin of 16.75% and a positive return on equity of 15.41%. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period last year, the company posted $2.44 earnings per share. J. M. Smucker’s revenue for the quarter was down .6% on a year-over-year basis. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. As a group, equities analysts predict that J. M. Smucker will post 9.88 EPS for the current year.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.