The J M Smucker Co (NYSE:SJM) engages in manufacturing and
marketing branded food products primarily in the United States, Canada, and
internationally. The company is a member of the dividend achievers index, and
has boosted distributions for nineteen years in a row.
The company’s last dividend increase was in July 2016 when
the Board of Directors approved an 11.90% increase to 75 cents/share. The
company’s largest competitors include Conagra Brands Inc (NYSE:CAG), Kraft
Foods Group Inc (NASDAQ:KRFT) and Hershey Co (NYSE:HSY).
Over the past decade this dividend growth stock has
delivered an annualized total return of 14.10% to its shareholders.
Source: Insider Monkey
No comments:
Post a Comment