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

The J. M. Smucker Company (NYSE:SJM) declared a quarterly dividend on Thursday, October 22nd. Stockholders 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 dividend yield of 3.4%. The ex-dividend date is Friday, November 13th.

J. M. Smucker has a dividend 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 Trading Up 4.3%

SJM stock opened at $133.33 on Friday. The stock has a market cap of $14.24 billion, a price-to-earnings 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 current ratio of 0.87 and a quick ratio of 0.35. J. M. Smucker has a one year low of $88.25 and a one year high of $135.89. The company has a fifty day moving average price of $123.47 and a two-hundred day moving average price of $112.97.

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

J. M. Smucker Company Profile

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.