SAN FRANCISCO (MarketWatch) -- J.M. Smucker Co. (SJM: SJM 51.31, -1.03, -2.0%) said late Monday it will pay a special one-time dividend of $5 in connection with its buy out of Folgers. The dividend will be paid on Oct. 31 to shareholders of record at the close of business Sept. 30. The deal is expected to add to J.M. Smucker's earnings and will close in the fourth quarter
smucker j m co com new
Last: 51.31-1.03-1.97%
4:02pm 09/15/2008
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