|The J. M. Smucker Company Announces Dividend|
ORRVILLE, Ohio, Jul 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The J. M. Smucker Company (NYSE: SJM) declared a $0.25 per share dividend on the common shares of the Company to be paid on September 1, 2004, to shareholders of record at the close of business on August 18, 2004.
The J. M. Smucker Company ( http://www.smuckers.com ) was founded in 1897 when the Company's namesake and founder sold his first product -- apple butter -- from the back of a horse-drawn wagon. Today, over a century later, the Company is the market leader in fruit spreads, peanut butter, shortening and oils, ice cream toppings, and health and natural foods beverages in North America under such icon brands as Smucker's(R), Jif(R) and Crisco(R). In June 2004, the Company expanded its family of products to include such brands as Pillsbury(R) baking mixes and ready-to-spread frostings; Hungry Jack(R) pancake mixes, syrups and potato side dishes; and Martha White(R) baking mixes and ingredients in the US, along with Robin Hood(R) flour and baking mixes and Bick's(R) pickles and condiments in Canada. For over 107 years, The J. M. Smucker Company has been headquartered in Orrville, Ohio, and has been family run for four generations. The J. M. Smucker Company was recognized as the top company in FORTUNE Magazine's 2003 annual survey of The 100 Best Companies to Work For and has ranked consistently in the top 25 companies each year since FORTUNE began the list in 1998. The J. M. Smucker Company has over 4,500 employees worldwide and distributes products in more than 45 countries.
SOURCE J. M. Smucker Company
Mark R. Belgya, Vice President and Treasurer of The J. M. Smucker Company, +1-330-682-3000