The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.62 per share, set to be paid on March 10, 2021.
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) has announced a cash dividend of $0.62 per share, set to be paid on March 10, 2021. Shareholders of record by February 24, 2021 will be eligible to receive this dividend. With approximately $4.1 billion in sales, Scotts Miracle-Gro is a leading marketer of consumer lawn and garden products, recognized for its prominent brands like Scotts®, Miracle-Gro®, and Ortho®. The company also includes The Hawthorne Gardening Company, focusing on indoor and hydroponic growing solutions.
Positive
- Dividend payment of $0.62 per share enhances shareholder returns.
- The company maintains a strong revenue base with $4.1 billion in sales.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was -1.97%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, Jan. 25, 2021 (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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