The J.M. Smucker Company (SJM) has come to the forefront as a growing
dividend stock with low PE ratios and consistent dividend offerings.
John Brase, a seasoned executive, was named as the company's President and COO. SJM is on a path of
portfolio optimization, sealing agreements to divest certain snack brands and the Voortman® Brand. It has realized a year of 6.1% returns despite a slight pullback noted by institutional shareholders. Notwithstanding recent challenges, the company remains trust-worthy for investors including the likes of
Jim Cramer. A shakeup of leadership roles aims to unlock values in Hostess and Pet Food divisions. SJM's resilience emerges in its boosted annual profit forecast arising from strong demand and high prices. It also opened a new Uncrustables® manufacturing facility in McCalla, Alabama, reinforcing ambitions for the brand to reach $1B in sales. Despite a 16% decline and stock performance volatility, SJM is firming its place among dividend aristocrats and long-term value stocks.
The JM Smucker Company SJM News Analytics from Thu, 06 Jun 2024 07:00:00 GMT to Sat, 10 May 2025 04:48:00 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -3
