The J.M. Smucker Co. announced its Board of Directors approved an increase in the quarterly dividend from $0.99 to $1.02 per common share, an increase of three percent. The dividend will be paid on September 1, 2022, to shareholders of record at the close of business on August 12, 2022.

The Company remains committed to returning value to shareholders, as this represents the 21st consecutive year of dividend growth.