The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) announced a cash dividend of $0.66 per share, set to be paid on June 10, 2022, to shareholders of record as of May 27, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) announced a cash dividend of $0.66 per share, set to be paid on June 10, 2022, to shareholders of record as of May 27, 2022. With approximately $4.9 billion in sales, ScottsMiracle-Gro is a leading marketer of lawn and garden products, with well-known brands like Scotts®, Miracle-Gro®, and Ortho®. The Hawthorne Gardening Company, a subsidiary, specializes in indoor and hydroponic growing supplies, while The Hawthorne Collective invests in cannabis-related ventures.
Positive
- Cash dividend of $0.66 per share bolstering shareholder income.
- Company reported approximately $4.9 billion in sales, indicating strong market presence.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was +2.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, April 25, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s leading marketers of branded consumer lawn and garden products, announced that its Board of Directors has approved the payment of a cash dividend of
About ScottsMiracle-Gro
With approximately
Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622
FAQ
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