The J.M. Smucker Company announced a 2% increase in its quarterly dividend to $1.12 per common share from $1.10, marking the 25th consecutive fiscal year of dividend growth. The dividend will be paid on September 1, 2026, to shareholders of record as of August 14. In fiscal 2026, the company generated $1.5 billion in operating cash flow and $1.2 billion in free cash flow, returning approximately $465 million to shareholders through dividends while also repaying $720 million of debt. Fiscal fourth-quarter net sales rose 6% year over year to $2.3 billion, and adjusted earnings per share climbed 20% to $2.77. For fiscal 2027, Smucker projects adjusted earnings per share of $9.75 to $10.25 and approximately $1 billion in free cash flow, though sales are expected to decline 3% to 4% due to lower coffee pricing and softer volume and mix.
The J. M. Smucker Companyraised dividend 2%, strong cash flow and earnings growth, positive outlook
Hormel Foods Corporation
Mama's Creations Inc.
United Natural Foods Inc