ORRVILLE, OHIO — The board of directors of The J. M. Smucker Co. has approved an increase in the quarterly dividend to 67c per common share, up 5% from 64c. The dividend will be paid on Sept. 1, 2015, to shareholders of record at the close of business on Aug. 14, 2015. “We are pleased with the board’s action to increase the quarterly dividend rate, which reflects the confidence we have in our business and its ability to generate strong cash flow,” said Richard Smucker, chief executive officer. “This action represents our fourteenth consecutive year of dividend growth, as dividends remain an important component of creating value for our shareholders.”
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