“J.M. Smucker: A Safe Dividend Stock with a 3.7% Yield to Consider”

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J.M. Smucker Co. Joins Exclusive “S.A.F.E. 25” Dividend Stock List

Solid Performance and Two Decades of Growth Highlight SJM’s Strength

J.M. Smucker Co. (Symbol: SJM) has earned a spot on the Dividend Channel’s esteemed ”S.A.F.E. 25” list. This recognition reflects the company’s strong ”DividendRank” metrics, featuring an impressive 3.7% yield alongside a remarkable history of over 20 years of uninterrupted dividend growth, as noted in the latest ”DividendRank” report.

According to the ETF Finder at ETF Channel, J.M. Smucker Co. is part of the iShares S&P 1500 Index ETF (ITOT). It also represents 0.66% of the SPDR S&P Dividend ETF (SDY), which holds shares of SJM valued at $144,778,854.

J.M. Smucker Co.’s inclusion in the ”S.A.F.E. 25” list is due to several key factors: S. Solid return — offering a robust yield with strong DividendRank features; A. Accelerating payments — showing consistent increases in dividends over time; F. Flawless history — maintaining a record without any missed or reduced dividends; E. Enduring commitment — providing dividends for at least 20 years.

The company currently pays an annualized dividend of $4.32 per share, distributed quarterly. The latest dividend ex-date occurred on 08/16/2024. Below is a long-term dividend history chart for SJM, emphasizing its importance in assessing stability.

SJM Dividend History Chart

SJM operates within the Food & Beverage sector, competing alongside major players like Mondelez International Inc (MDLZ) and Kraft Heinz Co (KHC).

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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

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