The J. M. Smucker Company (NYSE: SJM) changed 0.85% to recent value of $113.05. The stock transacted 552106 shares during most recent day however it has an average volume of 828.48K shares. It spotted trading -11.98% off 52-week high price. On the other end, the stock has been noted 23.80% away from the low price over the last 52-weeks.
on July 23, 2019 The J. M. Smucker Company (NYSE: SJM) declared that the Board of Directors has approved an increase in the quarterly dividend from $0.85 to $0.88 per common share, an increase of four percent. The dividend will be paid on Tuesday, September 3, 2019, to shareholders of record at the close of business on Friday, August 16, 2019. This represents the Company’s eighteenth consecutive year of dividend growth.
The J. M. Smucker Company Forward-Looking Statements
This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company’s views and assumptions as of this time, and the Company undertakes no obligation to update this statement unless required by law. This statement is not a guarantee of future performance, and actual events or results may differ materially from this statement. Investors should consult the Company’s filings with the Securities and Exchange Commission (including the information set forth under the caption Risk Factors in the Company’s Annual Report on Form 10-K for the 2019 fiscal year ended April 30, 2019) for information about certain factors that could cause such differences. Copies of these filings may be obtained by visiting the Company’s website at jmsmucker.com.
About The J. M. Smucker Company
Inspired by more than 120 years of business success and five generations of family leadership, The J. M. Smucker Company makes food that people and pets love. The Company’s portfolio of 40+ brands, which are found in 90 percent of U.S. homes and countless restaurants, include iconic products consumers have always loved such as Folgers®, Jif®, and Milk-Bone® plus new favorites like Café Bustelo®, Smucker’s® Uncrustables®, and Rachael Ray™ Nutrish®. Over the past two decades, the Company has grown rapidly by thoughtfully acquiring leading and emerging brands, while ensuring the business has a positive impact on its 7,000+ employees, the communities it is a part of, and the planet.
SJM has a gross margin of 37.20% and an operating margin of 11.80% while its profit margin remained 6.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained -9.70% for this year while earning per share for the next 5-years is expected to reach at 4.59%.
The company has 115.63M of outstanding shares and 109.1M shares were floated in the market. According to the most recent quarter its current ratio was 0.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of -2.54% from the mean of 20 days, -6.34% from mean of 50 days SMA and performed 1.81% from mean of 200 days price. Company’s performance for the week was -2.45%, -6.24% for month and YTD performance remained 20.92%.
Ernest Woods – Category – Earnings
Ernest Woods a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Ernest Woods has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Earnings category.
Email Contact: Ernest@connectinginvestor.com
House Address: 1601 West 8th Avenue, Mitchell, SD 57301, USA
Zip Code: 57301
Phone Number: 605-990-2950