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