Choosy Investors Choose J.M. Smucker and The Dividend Adds Value
The J.M. Smucker Company (SJM) is a “Dividend Contender” that has increased its dividend for 20 consecutive years. After being overvalued for most of fiscal year 2017 (fiscal year ends in April) the company has since fallen into attractive valuation territory. As a result, the company is available at a low P/E ratio relative to historical norms and offers a current dividend yield of 2.9%. Moreover, the company has consistently increased its dividend in line with its historical 10% earnings growth.
About The J.M. Smucker Company
The J.M. Smucker Company: FAST Graph Fundamental Analyze Out Loud Video
Disclosure: No position at the time of writing.
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