The J. M. Smucker Company Dividends
The next dividend date for The J. M. Smucker Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for The J. M. Smucker Company (SJM)
More About The J. M. Smucker Company
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through four segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen sandwiches and snacks, hot beverages, portion control products, toppings and syrups, baking mixes and ingredients, and flour. The company provides its products under the Folgers, Café Bustelo, Dunkin', Jif, Smucker's, Smucker's Uncrustables, Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Hostess, 1850, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, distributors, drug stores, military commissaries, mass merchandisers, supermarket chains, national mass retailers, convenience stores, vending channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
Owning The J. M. Smucker Company Stock on the Dividend Date
If you own The J. M. Smucker Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of The J. M. Smucker Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of The J. M. Smucker Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying The J. M. Smucker Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the The J. M. Smucker Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More The J. M. Smucker Company Dividends
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