J.M. Smucker Stock To Go Ex-dividend Tomorrow (SJM)
The ex-dividend date for J.M. Smucker (NYSE:SJM) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $76.04 as of 9:30 a.m., the dividend yield is 2.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for J.M. Smucker (NYSE: SJM) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $76.04 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for J.M. Smucker has been 801,400 shares per day over the past 30 days. J.M. Smucker has a market cap of $8.51 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 2.5% year to date as of the close of trading on Monday. The J. M. Smucker Company engages in manufacturing and marketing branded food products in the United States, Canada, and internationally. The company has a P/E ratio of 16.6, below the average food & beverage industry P/E ratio of 19.2 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates J.M. Smucker as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full J.M. Smucker Ratings Report. See our dividend calendar or top-yielding stocks list.