The J.M. Smucker Co. Announces Dividend Increase

Core Viewpoint - The J.M. Smucker Co. has announced a 2% increase in its quarterly dividend, raising it from $1.06 to $1.08 per common share, marking the 23rd consecutive fiscal year of dividend growth [1]. Dividend Announcement - The Board of Directors approved the increase in the quarterly dividend [1] - The next dividend payment is scheduled for September 3, 2024, to shareholders of record as of August 16, 2024 [1]. - This increase reflects the company's commitment to returning value to shareholders [1]. Company Overview - The J.M. Smucker Co. owns a diverse portfolio of brands in the food industry, including coffee, peanut butter, fruit spreads, and pet food [5]. - The company emphasizes its commitment to quality products and ethical operations [5].