ORRVILLE, Ohio, July 14,
2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:
SJM) today announced its Board of Directors approved an increase in
the quarterly dividend from $1.02 to
$1.06 per common share, an increase
of four percent. The next dividend will be paid on Friday, September 1, 2023, to shareholders of
record at the close of business on Friday,
August 18, 2023. The Company remains committed to returning
value to shareholders, as this represents the 22nd
consecutive fiscal year of dividend growth.
The J.M. Smucker Co. Forward-Looking Statements
This press release contains a forward-looking statement about
dividends. This statement is made on the basis of the Company's
views and assumptions as of this time, and the Company undertakes
no obligation to update this statement unless required by law. This
statement is not a guarantee of future performance, and actual
events or results may differ materially from this statement.
Investors should consult the Company's filings with the Securities
and Exchange Commission (including the information set forth under
the caption "Risk Factors" in the Company's Annual Report on Form
10-K for the 2023 fiscal year ended April
30, 2023) for information about certain factors that could
cause such differences. Copies of these filings may be obtained by
visiting the Company's website at jmsmucker.com.
About The J.M. Smucker Co.
At The J.M. Smucker Co., it is our privilege to make food people
and pets love by offering a diverse portfolio of brands available
across North America. We are proud
to lead in the coffee, consumer foods, dog snacks, and cat food
categories by offering brands consumers trust for themselves and
their families each day, including Folgers®,
Dunkin'®, Café Bustelo®, Jif®,
Smucker's® Uncrustables®,
Smucker's®, Milk-Bone®, and Meow
Mix®. Through our unwavering commitment to producing
quality products, operating responsibly and ethically and
delivering on our Purpose, we will continue to grow our business
and the positive impact we have on society. For more information,
please visit jmsmucker.com.
The J.M. Smucker Co. is the owner of all trademarks referenced
herein, except for Dunkin'® which is a trademark
of DD IP Holder LLC. The Dunkin'® brand is
licensed to The J.M. Smucker Co. for packaged coffee products sold
in retail channels, such as grocery stores, mass merchandisers,
club stores, e-commerce and drug stores, and in certain away from
home channels. This information does not pertain to products for
sale in Dunkin'® restaurants.
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SOURCE The J.M. Smucker Co.