J. M. Smucker (NYSE: SJM ) layoffs are a hot topic on Friday after the food company announced plans to cut a small number of jobs. The J. M. Smucker layoffs will result in 24 employees at the food manufacturing company losing their jobs.
ORRVILLE, Ohio , April 18, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company.
"Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years. "-- Kiplinger.com/Investing.
Consumer staples can provide shelter in a frothy market, and J. M. Smucker Company is an attractive option for value and income investors. SJM's revenue has increased since early 2022, and its profitability continues to improve. The company's focus on key growth drivers and its undervalued stock price and dividends make it a strong option for investors at present.
In this article, I discuss three dividend stocks that offer little to no margin of safety from recent prices. Altria Group has struggled to turn around its core smoking market and faces challenges in growing newer businesses. There's a potential for a dividend cut. Archer-Daniels-Midland is an asset-heavy company with intense competition and no discernible competitive advantage. The recent rebo...
"Dividend Aristocrats in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years." - Kiplinger.com/Investing. 67 Aristocrats, screened as of March 6, 2024, represented all eleven Morningstar Sectors. Broker estimated-top ten net gains ranged 15.93%-27.67% topped by NEE & ADM.
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