The J.M. Smucker Co. Announces Dividend Increase

Rhea-AI Summary

J.M. Smucker (NYSE: SJM) has announced a 2% increase in its quarterly dividend from $1.08 to $1.10 per common share. The dividend will be paid on September 2, 2025, to shareholders of record as of August 15, 2025.

This increase marks the company's 24th consecutive fiscal year of dividend growth, demonstrating Smucker's continued commitment to delivering shareholder value.

Positive

• Increased quarterly dividend by 2% to $1.10 per share
• 24th consecutive fiscal year of dividend growth
• Demonstrates consistent commitment to shareholder returns

Negative

• Relatively modest 2% dividend increase may lag inflation

ORRVILLE, Ohio, July 16, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.08 to $1.10 per common share, an increase of two percent. The next dividend will be paid on Tuesday, September 2, 2025, to shareholders of record at the close of business on Friday, August 15, 2025. The Company remains committed to returning value to shareholders, as this represents the 24^th consecutive fiscal year of dividend growth.

The J.M. Smucker Co. Forward-Looking Statement

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 fiscal year ended April 30, 2025) 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 Co.

At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their families each day, including Folgers^®, Dunkin'^®, Café Bustelo^®, Jif^®, Uncrustables^®, Smucker's^®, Hostess^®, Milk-Bone^®, and Meow Mix^®. Through our unwavering commitment to producing quality products, operating responsibly and ethically and delivering on our Purpose, we will continue to grow our business while making a positive impact on society. For more information, please visit jmsmucker.com.

The J.M. Smucker Co. is the owner of all trademarks referenced herein, except for Dunkin'^®, which is a trademark of DD IP Holder LLC. The Dunkin'^® brand is licensed to The J.M. Smucker Co. for packaged coffee products sold in retail channels, such as grocery stores, mass merchandisers, club stores, e-commerce and drug stores, and in certain away from home channels. This information does not pertain to products for sale in Dunkin'^® restaurants.

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SOURCE The J.M. Smucker Co.

FAQ

What is J.M. Smucker's (SJM) new quarterly dividend amount?

J.M. Smucker's new quarterly dividend is $1.10 per share, increased from $1.08, representing a 2% increase.

When will SJM's next dividend be paid?

The next dividend will be paid on September 2, 2025, to shareholders of record as of August 15, 2025.

How many consecutive years has J.M. Smucker increased its dividend?

J.M. Smucker has increased its dividend for 24 consecutive fiscal years, showing a consistent track record of growing shareholder returns.

What is the annual dividend yield for J.M. Smucker stock (SJM)?

Based on the new quarterly dividend of $1.10, the annual dividend payment will be $4.40 per share. The yield would depend on the current stock price.