The J.M. Smucker Company (NYSE: SJM) is an Orrville, Ohio-based company engaged in the manufacturing and marketing of branded food products on a global basis.
J.M. Smucker last week announced that its board of directors authorized a 9% increase in quarterly dividend from $0.44 per share to $0.48 per share. The dividend will be payable on September 1, 2011. J.M. Smucker has a dividend yield of 2.20%. read more »