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JM Smucker Co (JM Smucker Co) 5-Year Dividend Growth Rate

: 5.40% (As of Jan. 2024)
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JM Smucker Co's Dividends per Share for the three months ended in Jan. 2024 was $1.06.

During the past 12 months, JM Smucker Co's average Dividends Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of JM Smucker Co was 81.70% per year. The lowest was -8.20% per year. And the median was 7.40% per year.

JM Smucker Co's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.43. As of today, JM Smucker Co's Dividend Yield % is 3.62%.

Good Sign:

JM Smucker Co stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Packaged Foods subindustry, JM Smucker Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JM Smucker Co 5-Year Dividend Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's 5-Year Dividend Growth Rate falls into.



JM Smucker Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


JM Smucker Co  (NYSE:SJM) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

JM Smucker Co's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=1.06/ 2.48
=0.43

During the past 13 years, the highest Dividend Payout Ratio of JM Smucker Co was 0.55. The lowest was 0.34. And the median was 0.40.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

JM Smucker Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0602024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0602023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0602023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0202023-05-112023-05-122023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

JM Smucker Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.2/117.46
=3.58 %

Current Share Price is $117.46.
JM Smucker Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.2.

During the past 13 years, the highest Dividend Yield of JM Smucker Co was 3.80%. The lowest was 1.72%. And the median was 2.67%.

Good Sign:

JM Smucker Co stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JM Smucker Co 5-Year Dividend Growth Rate Related Terms

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JM Smucker Co (JM Smucker Co) Business Description

Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the U.S. retail channel (77% of forecast fiscal 2024 revenue), with the remaining share consisting of Hostess, foodservice, and international (primarily Canada). Following the divestiture of several pet foods brands and private-label products that constituted about $1.5 billion of sales, retail coffee is now its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Executives
Tucker H Marshall officer: Chief Financial Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Tarang Amin director C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104
Amy C Held officer: Chief Strategy & Int'l Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Mercedes Abramo director ONE STRAWBERRY LANE, ORRVILLE OH 44667
Richard K Smucker director, officer: President C/ WM WRIGLEY JR CO, 410 N MICHIGAN AVE, CHICAGO IL 60611
Mark T Smucker officer: Vice President
Jill R Penrose officer: Chief People & Admin Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
John P Brase officer: Chief Operating Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Jeannette L Knudsen officer: Chief Legal & Compliance Offic ONE STRAWBERRY LANE, ORRVILLE OH 44667
Geoff E Tanner officer: Chief Marketing & Commercial ONE STRAWBERRY LANE, ORRVILLE OH 44667
Johnson Jonathan E Iii director 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Nancy Lopez Knight director 2308 TARA DRIVE, ALBANY GA 31721
Jay L Henderson director 50 SOUTH LASALLE ST, CHICAGO IL 60603
Dawn C Willoughby director 1221 BROADWAY, OAKLAND CA 94612
Sandra Pianalto director 1000 EATON BOULEVARD, CLEVELAND OH 44122

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