The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

Scotts Miracle-Gro (NYSE: SMG) has announced its quarterly cash dividend payment of $0.66 per share, payable on June 6, 2025, to shareholders of record as of May 23, 2025.

The company, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer products for lawn and garden care. Their portfolio includes market-leading brands such as Scotts®, Miracle-Gro®, and Ortho®. Through their wholly-owned subsidiary, The Hawthorne Gardening Company, they are also a leading provider of nutrients, lighting, and other materials for indoor and hydroponic growing.

Positive

• Consistent dividend payment maintained at $0.66 per share
• Strong market position as world's largest branded consumer lawn and garden products marketer
• Substantial annual revenue of $3.6 billion
• Diversified portfolio with leading brands in both traditional gardening and indoor/hydroponic segments

Negative

• None.

News Market Reaction – SMG

+3.31%

+3.31% Session move

In the trading session that priced this news, SMG gained 3.31%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MARYSVILLE, Ohio, April 21, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden products as well as a leader in indoor and hydroponic growing products, announced that its Board of Directors has approved the payment of a cash dividend of $0.66 per share. The dividend is payable on Friday, June 6, 2025, to shareholders of record as of Friday, May 23, 2025.

About ScottsMiracle-Gro
With approximately $3.6 billion in sales, the Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting, and other materials used in the indoor and hydroponic growing segment. For additional information, visit us at www.scottsmiraclegro.com.

For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations
brad.chelton@scotts.com
(937) 309-2503

For media inquiries:
Tom Matthews
Chief Communications Officer
tom.matthews@scotts.com
(937) 844-3864

FAQ

What is the dividend amount for Scotts Miracle-Gro (SMG) in Q2 2025?

Scotts Miracle-Gro announced a quarterly cash dividend of $0.66 per share for Q2 2025.

When is the ex-dividend date for SMG's Q2 2025 dividend payment?

Shareholders must be on record by May 23, 2025, to receive the dividend payment scheduled for June 6, 2025.

What is Scotts Miracle-Gro's (SMG) annual revenue?

Scotts Miracle-Gro reports approximately $3.6 billion in sales.

What are the main business segments of Scotts Miracle-Gro (SMG)?

SMG operates in consumer lawn and garden products through brands like Scotts, Miracle-Gro, and Ortho, and in indoor/hydroponic growing through The Hawthorne Gardening Company.