J.M. Smucker Strengthens Dividend amid High Analyst Confidence

Reported 1 day ago

J.M. Smucker Company (NYSE:SJM) continues to attract interest as a solid dividend stock, receiving a 'Buy' rating from Jefferies with a price target adjusted to $115. The company, known for its diverse food and beverage products, has maintained a robust dividend yield of 4.44% supported by 28 years of consecutive growth. Despite some analysts lowering their price targets, director Tarang Amin's recent share purchase indicates strong confidence in the company's future.

Source: YAHOO

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