JM Smucker Co (JM Smucker Co) Dividend Payout Ratio

: 0.43 (As of Jan. 2024)

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JM Smucker Co's dividend payout ratio for the months ended in Jan. 2024 was 0.43.

The historical rank and industry rank for JM Smucker Co's Dividend Payout Ratio or its related term are showing as below:

SJM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.4 Max: 0.55
Current: 0.42

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.

SJM's Dividend Payout Ratio is ranked worse than
51.47% of 919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs SJM: 0.42

As of today (2024-04-16), the Dividend Yield % of JM Smucker Co is 3.79%.

During the past 13 years, the highest Trailing Annual Dividend Yield of JM Smucker Co was 3.82%. The lowest was 1.72%. And the median was 2.67%.

JM Smucker Co's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

JM Smucker Co Dividend Payout Ratio Historical Data

The historical data trend for JM Smucker Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

JM Smucker Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dividend Payout Ratio

0.40

0.39

0.44

0.45

JM Smucker Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.46	0.39	0.46	0.41	0.43

Competitive Comparison

For the Packaged Foods subindustry, JM Smucker Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's Dividend Payout Ratio falls into.

JM Smucker Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

JM Smucker Co's Dividend Payout Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2023 )	/	EPS without NRI (A: Apr. 2023 )
	=	4.05	/	8.92
	=	0.45

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

JM Smucker Co (NYSE:SJM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

JM Smucker Co Dividend Payout Ratio Related Terms

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JM Smucker Co (JM Smucker Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JM Smucker Co (NYSE:SJM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

JM2:Germany S1JM34:Brazil

Address

One Strawberry Lane, Orrville, OH, USA, 44667-0280

Website

https://www.jmsmucker.com

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