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

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

J. M. Smucker has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 27 consecutive years. J. M. Smucker has a payout ratio of 39.8% indicating that its dividend is sufficiently covered by earnings. Equities 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 Trading Up 0.4%

Shares of J. M. Smucker stock traded up $0.44 during trading on Wednesday, reaching $109.82. The company’s stock had a trading volume of 328,379 shares, compared to its average volume of 1,548,163. The company has a quick ratio of 0.37, a current ratio of 0.89 and a debt-to-equity ratio of 1.16. J. M. Smucker has a 52-week low of $93.30 and a 52-week high of $121.48. The firm’s 50-day moving average is $101.46 and its two-hundred day moving average is $105.30. The company has a market cap of $11.72 billion, a price-to-earnings ratio of -9.79, a PEG ratio of 7.31 and a beta of 0.23.

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

J. M. Smucker Company Profile

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.