Welcome to our dedicated page for The J.M. Smucker news (Ticker: SJM), a resource for investors and traders seeking the latest updates and insights on The J.M. Smucker stock.
The J.M. Smucker Company reports quarterly financial results and portfolio updates for a packaged food business built around coffee, peanut butter, fruit spreads, frozen handhelds, sweet baked goods, dog snacks, and cat food. Its North American brand portfolio includes Folgers, Dunkin' packaged coffee, Café Bustelo, Jif, Uncrustables, Smucker's, Hostess, Milk-Bone, and Meow Mix.
Recurring company news covers sales trends, commodity-cost effects, pricing, cash flow, and outlook updates, along with portfolio changes following the Hostess Brands acquisition and completed divestitures in sweet baked snacks. Other updates include regular dividends, annual shareholder meeting matters, board refreshment, senior leadership responsibilities, and consumer-products conference presentations.
The J. M. Smucker Company (SJM) has announced a quarterly dividend increase from $0.88 to $0.90 per share, effective September 1, 2020. This decision marks the nineteenth consecutive year of dividend growth, reflecting the company's commitment to returning value to shareholders. Shareholders of record as of August 14, 2020, will be eligible for this payout. The announcement underscores Smucker's stable financial position within the consumer goods sector.
On June 17, 2020, R.W. Knudsen Family announced the launch of four new Organic Juice Beverage Shots: Pineapple Ginger, Apple Cider Vinegar, Beet Juice, and Carrot Black Pepper Turmeric. These shots, containing 25 calories and 3-4 grams of sugar per serving, are available in 2.5-ounce bottles and can be purchased from retailers such as Amazon and Kroger. Additionally, the company highlighted its Organic Celery Apple Cucumber Juice Blend, priced at $6.99. The new shots are packaged in 6 and 12 counts and retail for $17.94.