J.M. Smucker Company (The) (NYSE:SJM) Updates On Quarterly Dividend


As per J.M. Smucker Company (The) (NYSE:SJM) statement on 2016-07-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.75 per share as dividend to stakeholders. The record date is set as 2016-08-12, the payout date as 2016-09-01 and the ex-dividend date is 2016-08-10.

Last fiscal J.M. Smucker Company (The) (NYSE:SJM) disbursed cash dividend of $0.75. A year ago, the payout was $0.75, which indicates a difference of 6%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.75, implying 10.0729% growth.

For the period ended on 2016-04-30, J.M. Smucker Company (The) (NYSE:SJM)’s earnings came at $1.86 per share compared to EPS of $1.32 a year ago. This quarter the firm can post earnings for quarter ending 2016-07-31 on or around 2016-08-23. For this quarter, the analysts have earnings estimate of $1.74 per share.

The interim price target for J.M. Smucker Company (The) (NYSE:SJM) is set at $143. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for J.M. Smucker Company (The) (NYSE:SJM) is seen at $162 and the lowest level is established at $123. This broad range highlights a standard deviation of $13.838 in reported estimates.

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