The J. M. Smucker Company (SJM) To Go Ex-Dividend on November 13th

The J. M. Smucker Company (NYSE:SJM) announced a quarterly dividend on Thursday, October 22nd. Stockholders of record on Friday, November 13th will be given a dividend of $1.12 per share on Tuesday, December 1st. This represents a $4.48 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, November 13th.

J. M. Smucker has a payout ratio of 40.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect J. M. Smucker to earn $10.91 per share next year, which means the company should continue to be able to cover its $4.48 annual dividend with an expected future payout ratio of 41.1%.

J. M. Smucker Stock Performance

Shares of SJM stock opened at $129.98 on Friday. The firm’s 50 day moving average is $123.64 and its 200 day moving average is $113.08. The stock has a market capitalization of $13.88 billion, a P/E ratio of 60.74, a PEG ratio of 1.80 and a beta of 0.28. J. M. Smucker has a 12 month low of $88.25 and a 12 month high of $135.89. The company has a current ratio of 0.87, a quick ratio of 0.35 and a debt-to-equity ratio of 1.11.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Wednesday, August 26th. The company reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $1.02. J. M. Smucker had a net margin of 2.51% and a return on equity of 19.85%. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same period in the previous year, the business earned $1.90 EPS. J. M. Smucker’s revenue was up 5.0% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. On average, sell-side analysts anticipate that J. M. Smucker will post 10.71 earnings per share for the current year.

About J. M. Smucker

The J. M. Smucker Company, founded in 1897 by Jerome Monroe Smucker in Orrville, Ohio, is a food and beverage company serving consumers primarily in the United States and Canada. The company sells branded products through grocery retailers, club stores, e-commerce channels, foodservice distributors and other outlets.

Its portfolio includes coffee brands such as Folgers, Dunkin’ and Café Bustelo; fruit spreads and toppings sold under the Smucker’s name; and peanut butter and related products under the Jif brand.