J. M. Smucker: Show Me Growth Or Give Me Buybacks
J. M. Smucker (NYSE:SJM) is a well-known consumer staples business with several well-known brands outside of its namesake including JIF, Folgers, Meow Mix and many others. While the business has been steady, the share price has severely underperformed the S&P 500. Over the last five years, Smucker's share price is down 8.9% compared to the S&P 500's 88.0% rise. The stagnant share price while the business has continued to post modest results has led to an arguably cheap share price.
![Chart](https://static.seekingalpha.com/uploads/2021/3/5/saupload_114000cdee3ae8a9162f7390115e1963.png)
Dividend History
The dividend growth strategy is the one that appealed most to me when I began investing into individual companies. The concept is simple which is to focus on businesses that have a history of paying and growing their dividend payout as a means to harvest the fruit while keeping the tree.
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