GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JM Smucker Co (LTS:0L7F) » Definitions » 3-Year Dividend Growth Rate

JM Smucker Co (LTS:0L7F) 3-Year Dividend Growth Rate : 5.50% (As of Oct. 2024)


View and export this data going back to 2018. Start your Free Trial

What is JM Smucker Co 3-Year Dividend Growth Rate?

JM Smucker Co's Dividends per Share for the three months ended in Oct. 2024 was $1.08.

The historical rank and industry rank for JM Smucker Co's 3-Year Dividend Growth Rate or its related term are showing as below:

LTS:0L7F' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.2   Med: 7.3   Max: 20
Current: 5.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of JM Smucker Co was 20.00% per year. The lowest was -8.20% per year. And the median was 7.30% per year.

LTS:0L7F's 3-Year Dividend Growth Rate is ranked worse than
60.4% of 649 companies
in the Consumer Packaged Goods industry
Industry Median: 9.1 vs LTS:0L7F: 5.50

During the past 12 months, JM Smucker Co's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% 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.

JM Smucker Co's Dividend Payout Ratio for the three months ended in Oct. 2024 was 0.39. As of today, JM Smucker Co's Dividend Yield % is 3.69%.

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 of JM Smucker Co's 3-Year Dividend Growth Rate

For the Packaged Foods subindustry, JM Smucker Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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's 3-Year Dividend Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's 3-Year Dividend Growth Rate falls into.



JM Smucker Co 3-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 expontential compound based on the latest four year annual data.

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  (LTS:0L7F) 3-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 Oct. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2024 )/ EPS without NRI (Q: Oct. 2024 )
=1.08/ 2.76
=0.39

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 1.0800002024-11-152024-11-152024-12-02Cash DividendquarterlyUSD:USD 1.000000
USD 1.0800002024-08-162024-08-162024-09-03Cash DividendquarterlyUSD:USD 1.000000
USD 1.0600002024-05-162024-05-172024-06-03Cash DividendquarterlyUSD:USD 1.000000
USD 1.0600002024-02-152024-02-162024-03-01Cash 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
=4.28/114.20
=3.75 %

Current Share Price is $114.20.
JM Smucker Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.28.

During the past 13 years, the highest Dividend Yield of JM Smucker Co was 3.98%. The lowest was 1.72%. And the median was 2.78%.

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 3-Year Dividend Growth Rate Related Terms>


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 US retail channel (78% of fiscal 2024 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of Hostess and international (primarily Canada). Retail coffee is 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.

JM Smucker Co Headlines

No Headlines