JM Smucker Exceeds Expectations with Strong Performance, Driving Profits and Rewarding Investors
Portfolio Pulse from Benzinga Insights
JM Smucker (NYSE:SJM) is distributing a dividend payout of $1.06 per share, demonstrating an annualized dividend yield of 2.87%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $3.46 to $4.02. Earnings per share also increased from $8.18 to $8.63 over the same period. Compared to its industry peers, JM Smucker's dividend yield falls in the middle range, with Cal-Maine Foods (NASDAQ:CALM) having the highest annualized dividend yield at 10.80%.
September 01, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cal-Maine Foods has the highest annualized dividend yield at 10.80% among its industry peers.
Cal-Maine Foods is mentioned in the article as having the highest annualized dividend yield among its industry peers. However, the article does not provide any specific information about the company's financial performance or dividend payout, so the impact on the stock price is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
JM Smucker's dividend payout and positive trend in dividend per share and earnings per share from 2019 to 2022 indicate a strong financial position and consistent distribution of profits to investors.
The company's consistent dividend payout and the positive trend in dividend per share and earnings per share indicate a strong financial position and the ability to consistently distribute profits to investors. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100