J. M. Smucker Announces Dividend Increase

J. M. Smucker SJM today announced that the Board of Directors has approved an increase in the quarterly dividend from $0.44 to $0.48 per common share. The change represents an increase of nine percent, adding to the ten percent increase approved by the Board earlier this calendar year. The dividend will be paid on Thursday, September 1, 2011, to shareholders of record at the close of business on Friday, August 12, 2011.