ORRVILLE, Ohio, July 8, 2021 /PRNewswire/ -- The J.M.
Smucker Co. (NYSE: SJM) today announced its Board of Directors
approved an increase in the quarterly dividend from $0.90 to $0.99 per
common share, an increase of 10 percent. The dividend will be paid
on Wednesday, September 1, 2021, to
shareholders of record at the close of business on Friday, August 13, 2021. The Company remains
committed to returning value to shareholders, as this represents
the 20th consecutive 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 2021 fiscal year ended April 30, 2021) 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.
Each generation of consumers leaves their mark on culture by
establishing new expectations for food and the companies that make
it. At The J.M. Smucker Co., it is our privilege to be at the heart
of this dynamic with a diverse portfolio that appeals to each
generation of people and pets and is found in nearly 90 percent of
U.S. homes and countless restaurants. This includes a mix of iconic
brands consumers have always loved such as Folgers®,
Jif® and Milk-Bone® and new favorites like Café
Bustelo®, Smucker's® Uncrustables® and Rachael Ray®
Nutrish®. By continuing to immerse ourselves in consumer
preferences and acting responsibly, we will continue growing 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 Rachael
Ray®, a registered trademark of Ray Marks II
LLC, which is used under license.
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SOURCE The J.M. Smucker Co.