■ Increase · July 18, 2026
J.M. Smucker Co. (SJM) Raises Quarterly Dividend by 2%
The J.M. Smucker Co. increased its quarterly dividend to $1.12 per share, marking the 25th consecutive fiscal year of dividend growth.
Dividend Increase Details
The J.M. Smucker Co. (NYSE: SJM) announced that its Board of Directors approved a quarterly dividend increase from $1.10 to $1.12 per common share, a 2% rise. The next dividend is payable on September 1, 2026, to shareholders of record as of August 14, 2026.
Dividend Growth Streak
This increase represents the company's 25th consecutive fiscal year of dividend growth, underscoring its commitment to returning value to shareholders. The company's dividend history reflects a consistent pattern of annual increases.
Company Overview
The J.M. Smucker Co. is a leading manufacturer of food and pet products, with brands including Folgers, Dunkin', Café Bustelo, Jif, Uncrustables, Smucker's, Hostess, Milk-Bone, and Meow Mix. The company operates across North America in categories such as coffee, peanut butter, fruit spreads, frozen handhelds, sweet baked goods, dog snacks, and cat food.
Forward-Looking Statement
The press release includes a forward-looking statement about dividends, based on the company's current views and assumptions. The company undertakes no obligation to update this statement unless required by law. Investors should refer to the company's SEC filings, including the Annual Report on Form 10-K for the fiscal year ended April 30, 2026, for risk factors that could cause actual results to differ.
What it means for income investors
The 2% dividend increase extends Smucker's long track record of annual payout growth, now spanning 25 fiscal years. While the increase is modest, the consistency reinforces the company's focus on shareholder returns, supported by its portfolio of stable consumer brands.
Reporting based on: PR Newswire. Figures verified against market data where available.