The board at J. M. Smucker has approved an increase in its share dividend.

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The company, the leading producer of fruit spreads and peanut butter in the US, will put up its quarterly dividend from US$0.28 to $0.30 per share.


The dividend will be payable on 1 June to shareholders of record on 15 May, J. M. Smucker said yesterday (17 April).


The company, based in Ohio, owns a stable of brands including Smucker’s and Pillsbury.

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