J.M. Smucker (SJM) Reports 3.98% Dividend Yield, Up 14% YTD

Published on · Source: finance.yahoo.com

J.M. Smucker (SJM) Reports 3.98% Dividend Yield, Up 14% YTD

AI Summary

Summarized by AI from the source below

J.M. Smucker (SJM) offers a quarterly dividend of $1.10 per share, providing a yield of 3.98%. The stock has increased by 14% year-to-date, outperforming the S&P 500. In its latest fiscal fourth quarter, sales rose by 6% and adjusted earnings grew by 20% year-over-year. The company ended the fiscal year with $1.2 billion in free cash flow, up from $816 million the prior year, which supports its dividend stability and potential for future increases.

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About The J.M. Smucker Company (SJM)

The J.M. Smucker Company is a packaged-foods maker behind Smucker’s, Jif, and Folgers.

The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.

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