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J.M. Smucker - SJM

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J.M. Smucker - SJM
DividendGarden Offline
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#1
01-20-2014, 10:50 AM
Does anyone else own this company? It doesn't seem like many people do, but it's a great company to own. Strong growth, slightly undervalued, possibly fairly valued here.

http://seekingalpha.com/article/1948571-...e-of-value
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Dividend Watcher Offline
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#2
01-20-2014, 11:33 AM
SJM is a quality company and was on my buy list a couple years ago and then the price got away from me. I was watching it come down and debating whether to open a position in it. Was busy over the weekend so didn't have time to update my spreadsheet on it. My only reservation is the yield. I have a lot of 2.5%'ers so my average yield isn't the greatest yet. Last I looked, the Folgers line was about 1/2 its revenues so it can be sensitive to coffee futures.

Good article.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan


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