The J. M. Smucker Company (NYSE:SJM) to Issue $1.10 Quarterly Dividend

Key Points

• The J. M. Smucker Company will pay a quarterly dividend of $1.10 per share to stockholders on record as of November 14th, with payment scheduled for December 1st.
• J. M. Smucker has a dividend payout ratio of 39.1%, and analysts expect the company to earn $10.42 per share next year, indicating the dividend is sustainably covered by earnings.
• The company's recent earnings report showed earnings per share (EPS) of $1.90, which missed estimates, while revenue was down 0.6% year-over-year at $2.11 billion.

The J. M. Smucker Company (NYSE:SJM - Get Free Report) announced a quarterly dividend on Thursday, October 23rd. Stockholders of record on Friday, November 14th will be paid a dividend of 1.10 per share on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, November 14th.

J. M. Smucker has a dividend payout ratio of 39.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect J. M. Smucker to earn $10.42 per share next year, which means the company should continue to be able to cover its $4.32 annual dividend with an expected future payout ratio of 41.5%.

J. M. Smucker Price Performance

SJM opened at $102.55 on Friday. The business's 50-day moving average is $108.07 and its two-hundred day moving average is $108.54. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.34. J. M. Smucker has a 1 year low of $93.30 and a 1 year high of $125.42. The firm has a market capitalization of $10.94 billion, a PE ratio of -7.48, a price-to-earnings-growth ratio of 7.23 and a beta of 0.25.

J. M. Smucker (NYSE:SJM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $1.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.95 by ($0.05). The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The business's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS. Research analysts anticipate that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

About J. M. Smucker

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.

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