The J. M. Smucker Company (NYSE:SJM) Announces $1.10 Quarterly Dividend

The J. M. Smucker Company (NYSE:SJM) declared a quarterly dividend on Friday, January 16th. Stockholders of record on Friday, February 13th will be paid a dividend of 1.10 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, February 13th.

J. M. Smucker has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 27 years. J. M. Smucker has a dividend payout ratio of 39.8% indicating that its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of NYSE:SJM traded up $0.38 during mid-day trading on Wednesday, reaching $109.76. The stock had a trading volume of 313,532 shares, compared to its average volume of 1,547,508. The business’s 50 day moving average price is $101.46 and its 200 day moving average price is $105.30. J. M. Smucker has a 1 year low of $93.30 and a 1 year high of $121.48. The company has a market cap of $11.71 billion, a P/E ratio of -9.78, a price-to-earnings-growth ratio of 7.31 and a beta of 0.23. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Tuesday, November 25th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.02). The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. J. M. Smucker had a negative net margin of 13.61% and a positive return on equity of 15.26%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the business posted $2.76 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Research analysts expect that J. M. Smucker will post 9.88 EPS for the current fiscal year.

About J. M. Smucker

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.