J.M. Smucker raises quarterly dividend to 40 cents

SAN FRANCISCO (MarketWatch) -- . /quotes/comstock/13*!sjm/quotes/nls/sjm (SJM 63.01, -0.04, -0.06%) said late Thursday its board raised the quarterly dividend to 40 cents a share from 35 cents. The dividend is payable June 1 to shareholders as of May 14....