How To Earn $500 A Month From Smucker Stock After Acquisition News
Portfolio Pulse from Lisa Levin
J. M. Smucker Co. (NYSE:SJM) plans to acquire Hostess Brands (NASDAQ:TWNK) for $34.25 per share, a total enterprise value of $5.6 billion. Smucker's current dividend yield is 3.22%, and to earn $500 monthly from Smucker dividends, an investor would need to own approximately $186,299 worth of Smucker, or 1,415 shares. The dividend yield can change as the dividend payment and the stock price fluctuate over time.
September 12, 2023 | 12:30 pm
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POSITIVE IMPACT
Smucker's acquisition of Hostess Brands could potentially increase its dividend yield, attracting more investors.
The acquisition could potentially increase Smucker's revenues and profits, which could lead to an increase in its dividend yield. This could attract more investors, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Smucker's acquisition of Hostess Brands could lead to a rise in TWNK's stock price.
The acquisition could lead to a rise in TWNK's stock price as it implies a valuation of $34.25 per share, which could be higher than its current trading price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100