J.M. Smucker Board Increases Quarterly Dividend From $1.10 To $1.12 Per Share
The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.10 to $1.12 per common share, an increase of two percent. The next dividend will be paid on
Smucker's board decided to give shareholders a tiny bit more money each quarter—$1.12 instead of $1.10 per share. This small raise could mean the company feels confident about its future and wants to reward people who own its stock.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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