Today, September 01, 2023, marks an important moment for investors of JM Smucker SJM. The company will distribute a dividend payout of $1.06 per share, demonstrating an annualized dividend yield of 2.87%. Remember, only shareholders prior to the ex-dividend date on August 17, 2023 are eligible for this payout.
JM Smucker Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-17 | 4 | $1.06 | 2.87% | 2023-07-14 | 2023-08-18 | 2023-09-01 |
| 2023-05-11 | 4 | $1.02 | 2.66% | 2023-04-18 | 2023-05-12 | 2023-06-01 |
| 2023-02-09 | 4 | $1.02 | 2.72% | 2023-01-20 | 2023-02-10 | 2023-03-01 |
| 2022-11-09 | 4 | $1.02 | 2.85% | 2022-10-20 | 2022-11-11 | 2022-12-01 |
| 2022-08-11 | 4 | $1.02 | 3.07% | 2022-07-15 | 2022-08-12 | 2022-09-01 |
| 2022-05-12 | 4 | $0.99 | 2.76% | 2022-04-21 | 2022-05-13 | 2022-06-01 |
| 2022-02-10 | 4 | $0.99 | 2.81% | 2022-01-21 | 2022-02-11 | 2022-03-01 |
| 2021-11-10 | 4 | $0.99 | 3.25% | 2021-10-22 | 2021-11-12 | 2021-12-01 |
| 2021-08-12 | 4 | $0.99 | 3.07% | 2021-07-08 | 2021-08-13 | 2021-09-01 |
| 2021-05-13 | 4 | $0.9 | 2.75% | 2021-04-16 | 2021-05-14 | 2021-06-01 |
| 2021-02-11 | 4 | $0.9 | 3.17% | 2021-01-22 | 2021-02-12 | 2021-03-01 |
| 2020-11-12 | 4 | $0.9 | 3.11% | 2020-10-23 | 2020-11-13 | 2020-12-01 |
JM Smucker's dividend yield falls in the middle range when compared to its industry peers, with Cal-Maine Foods CALM having the highest annualized dividend yield at 10.80%.
Analyzing JM Smucker Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $3.46 in 2019 to $4.02 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For JM Smucker
Investors can observe a growth in earnings for JM Smucker from 2019 to 2022, as earnings per share increased from $8.18 to $8.63. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article takes an in-depth look at JM Smucker's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $1.06 per share today, translating to an annualized dividend yield of 2.87%.
JM Smucker's dividend yield falls in the middle range when compared to its industry peers, with Cal-Maine Foods having the highest annualized dividend yield at 10.80%.
The upward trend in dividend per share and earnings per share for JM Smucker from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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