SJM - How To Earn $500 A Month From J.M. Smucker Stock After Strong Earnings | Benzinga
J.M. Smucker Company (NYSE: SJM) reported better-than-expected earnings for its second quarter on Tuesday.
The company posted a second-quarter FY24 sales decline of 12% year-on-year to $1.94 billion, missing the analyst consensus of $1.95 billion. Adjusted EPS of $2.59 beat the consensus estimate of $2.47, according to Benzinga Pro.
J.M. Smucker revised FY24 adjusted EPS guidance to $9.25 - $9.65 (prior $9.45 - $9.85) versus the consensus of $9.48.
With the recent buzz around Smucker following upbeat earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Smucker has a dividend yield of 3.65%, which is a quarterly dividend amount of $1.06 a share ($4.24 a year).
To figure out how to earn $500 monthly from Smucker dividends, we start with the ...