Smucker board approves 9% dividend increase

by Staff
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ORRVILLE, OHIO — The board of directors of J. M. Smucker Co. have approved an increase in the quarterly dividend from 44c to 48c per common share. The change represents an increase of 9%, adding to the 10% increase approved by the board earlier this calendar year.

The dividend will be paid on Sept. 1, 2011, to shareholders of record at the close of business on Aug. 12.

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