The J. M. Smucker Company (NYSE:SJM) Shareholders to Collect $1.12 Quarterly Dividend

by · The Markets Daily

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

J. M. Smucker has a dividend payout ratio of 40.5% indicating that its dividend is sufficiently covered by earnings. 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 Price Performance

NYSE SJM opened at $133.33 on Friday. The company has a market capitalization of $14.24 billion, a PE ratio of 62.31, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.35 and a current ratio of 0.87. The business’s fifty day moving average is $123.47 and its 200 day moving average is $112.97. J. M. Smucker has a fifty-two week low of $88.25 and a fifty-two week high of $135.89.

J. M. Smucker (NYSE:SJM – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $1.02. J. M. Smucker had a return on equity of 19.85% and a net margin of 2.51%. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the prior year, the business posted $1.90 earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. Sell-side analysts predict that J. M. Smucker will post 10.71 earnings per share for the current year.

J. M. Smucker Company Profile

(Get Free Report)

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.

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