Company: J.M. Smucker Company (SJM)
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Company Profile: J.M. Smucker is a packaged food company that primarily sells through the US retail channel (78% of fiscal 2024 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of Hostess and international (primarily Canada). Retail coffee is its largest category (33% of sales) with brands Folgers and DunkinÕ. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and SmuckerÕs. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence. -Morningstar.com-
Symbol: SJM
Recent Price: $120.39
Dividends: $4.24
Yield: 3.52%
Sector: Consumer Defensive
Industry: Packaged Foods
Address & Company Phone #: One Strawberry Lane Orrville OH 44667, 330-682-3000
Transfer Agent: Computershare 800-456-1169
Moody’s Rating: Baa2
Minimum & Maximum Investment: $25 – $50,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0! Sells: by Mail or Fax for $15+12¢/sh.
52 Week High & Low: $153.94, $105.69