Tag Archives: liability

How does The J.M. Smucker Company’s dividend announcement impact the company’s financial statements?

On October 25, 2019, The J.M. Smucker Company made the following dividend announcement: The J. M. Smucker Company (NYSE: SJM) today announced that its Board of Directors has approved a $0.88 per share dividend on the common shares of the Company. The dividend will be paid on Monday, December 2, 2019, to shareholders of record […]

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10-K Minute: Target, Data Breach, and Contingent Liabilities

Background In the fourth quarter of 2013, hackers broke into Target Corporation’s system and stole the names and credit card information for up to 70 million customers. This data breach is among the largest data breaches in U.S. history and lawsuits against Target Corporation are being filed by several parties including customers, credit card companies, […]

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