The J.M. Smucker (SJM) Rewards Investors With Dividend Hike

The J.M. Smucker Co. (SJM) underlined its robust financial health and commitment to shareholders by announcing a 2% hike in its quarterly dividend. The new dividend payout stands at $1.08 per share, up from $1.06. The hiked dividend will be paid on Sep 3, 2024, to shareholders of record as of Aug 16, 2024. Management continues its dedication to delivering value to shareholders, marking the 23rd consecutive fiscal year of increasing dividends. Such consistent increases underscore the company's stable and rel ...