J.M. Smucker hikes dividend by 1.8%

The J.M. Smucker Company (SJM) lifted its quarterly dividend on July 17, 2026, increasing the payout by 1.8% to $1.12 per share.

The increase marks the company's 25th consecutive year of dividend growth. This gives J.M. Smucker the required 25-year streak associated with Dividend Aristocrats, although formal inclusion in the index also depends on the applicable index criteria and annual rebalancing. At a share price of $112, the dividend yield is approximately 4.0%. The ex-dividend date is August 14, 2026.

SJM DIVIDEND TRACK RECORD
Annual dividend increases (%)
25 YEARS
Last update: July 17, 2026

J.M. Smucker has continued to raise its dividend annually, but the pace of growth has slowed in recent years. The latest 1.8% increase follows hikes of 1.9% in both 2024 and 2025. The largest increase in the period shown was 10.0% in 2021.

The J.M. Smucker Company produces branded food, coffee and pet products, with a portfolio that includes Folgers, Café Bustelo, Jif, Smucker's, Milk-Bone and Meow Mix.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

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